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Scenario claims: The world has been fixated on Donald Trump's tariffs on China. But a new trade war is emerging in Asia-This time between Japan
Scenario claims:
- The world has been fixated on Donald Trump's tariffs on China. But a new trade war is emerging in Asia-This time between Japan and South Korea.
- What started as a historical dispute over forced labor during Japan's wartime rule on the Korean peninsula has swiftly turned into a major economic and political crisis for Seoul. Tokyo believes that compensation for wartime forced labor was settled under a 1965 treaty.
- Boycotting Japanese made goods; Some international experts are worried that Mr Abbott is following the Trump playbook and weaponized trade.
- Any long term disruptions to the South Korean companies will cause serious headaches across the global technology supply chain. There are also fears that the dispute will drive a lasting whinge between these key U.S. allies in Asia.
Based on the above scenario of Japan-S. Korea Trade War:
- What are the issues of development in trade dispute between South Korea and Japan and how they are impacting international finance today.
- what claims do you agree or disagree about the Japan-S. Korea Trade War
- Explain why you agree or disagree with the claims.
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