
South Korean Assets Plunge on Trump's 25% Tariff Announcement
The won plunged as much as 1.1% to trade at 1,378 per dollar, the lowest in two weeks, after Trump announced the trade levy in a social media post. Shares for the $4.95 billion iShares MSCI South Korea (EWY) fell 3.6%, the most since April.
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Factbox-Some key Brazilian exports spared from Trump's new 40% tariff
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