South Korea's export growth slows amid U.S. tariffs

South Korea's export growth slows amid U.S. tariffs

South Korea’s stalled export growth in August highlighted the difficulties facing international trade as shipments to the United States fell under President Trump’s tariffs. According to preliminary data released Monday by the trade ministry, exports from Asia’s fourth-largest economy increased 1.3% year over year to $58.40 billion, significantly less than the revised 5.8% increase in July. The slowdown was less severe than anticipated because e…