South Korea readies aid for small firms facing U.S. tariff risks
The South Korean government has announced a 4.6 trillion won (US$3.25 billion) support package aimed at small and medium-sized enterprises (SMEs) vulnerable to U.S. tariffs. Measures include financial assistance, logistics subsidies, and export market expansion programs.Although SMEs made up 17% of Korea's exports in Q1, over 80% of them view the suspended 25% U.S. tariffs as a serious threat. The aid comes alongside a broader 13.8 trillion won supplementary budget approved earlier this month, aimed at offsetting weak domestic demand and cushioning the economy from potential trade shocks. This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about south korea unveils 3 25 billion lifeline for small firms facing u s tariff threat was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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