South Korea's top think tank lowers economic growth projection, citing Trump's tariffs

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SEOUL: South Korea’s top economic think tank slashed its growth forecast for the country’s economy for the second time in four months on Tuesday (Feb 11), expressing concern about the impact of US President Donald Trump’s expanding tariffs.

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Kim Jiyeon, a KDI economist, said the “deterioration of the trade environment” following Trump’s inauguration was a major factor.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaSouth KoreaUnited States

Topics: Economy Impact South Tariffs Cent Korea Jung Korea’s Steel 2025 Trump’s

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 12:52:18 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26067535

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 56 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 27 minutes ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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Publisher ID: #27

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