We knew this was coming it had been flagged. All done now.
South Korea had been a Japan preferential trade partner (which meant simpler checks on exports)
- But now Japanese manufacturers must apply for approval for each technology-related contract for South Korean export.
- Next will be South Korea to similarly downgrade Tokyo’s trade status, which is to take effect next month.
—
A side show to the main trade war between China and US but an ugly one regardless