South Korea's exports declined by 1.3 per cent to $57.27 billion in May compared to the previous year, marking the first decline in four months, which was attributed to the tariffs imposed by US President Donald Trump. This was due to a drop in shipments to the United States and China, which was a result of the global trade conflict sparked by US President Donald Trump's implementation of extensive tariffs. "Declines in exports to both the United States and China, the two biggest markets, suggest US tariff measures are having an impact on the global economy as well as our exports," said South Korean Industry and Trade Minister Ahn Duk-geun. Attribution: Reuters Subediting: M. S. Salama
