Trump’s Tariff Measures Spark Strong China, JPMorgan, South Korea Reactions

April 20, 2025, 11:20 pm

The tariffs imposed by President Trump have ignited a storm of cross-border criticism and unexpected economic forecasts. China’s Ministry of Commerce lambasts the US for “abusing tariffs” and bullying its way through trade, while JPMorgan issues a dire warning that these measures could send tax rates soaring—even if they fend off recessionary threats. Adding further irony, South Korean firms are uncovering loopholes in “Made in Korea” labels to dodge the new costs, highlighting a tangled web of unintended consequences from a policy meant to rein in global trade.

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techinasia.com / South Korea cracks down on false exports to avoid US tariffs

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