S. Korea tightens export controls on Japan in trade row

Seoul, Aug 12 (AFP/APP):South Korea on Monday put Japan into its own new export category as President Moon Jae-in called Tokyo’s latest measures “very grave”, intensifying a trade war between the two neighbours and US allies.
The move came after Seoul announced earlier this month it would remove Tokyo from its list of trusted trading partners, reciprocating an identical decision by Japan.
That followed Tokyo’s imposition of tough restrictions on exports crucial to tech titans such as Samsung following a series of South Korean court rulings ordering Japanese firms to pay for forced labour during World War II.
The dispute has raised concerns over the potential implications for their security cooperation in the face of North Korean missile tests, and the possible impact on global supply chains.

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