Global Analysis from the European Perspective. Preparing for the world of tomorrow

Tension between Japan and South Korea is rising, and it looks set to drag down trade

Tensions between Tokyo and Seoul intensified on Friday when Japan’s prime minister imposed new restrictions on exports that could hit South Korea’s tech industry. In response, some Koreans called for a boycott on Japanese goods. South Korea suspects the move may be retaliation for South Korean court rulings that ordered Japanese firms to compensate Koreans who were forced into labor during Japan’s 1910-45 colonial rule. Source CNBC

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