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South Korea to consider importing more U.S. energy if Trump wins election

South Korea to consider importing more U.S. energy if Trump wins election

CointimeCointime2024/11/04 12:44
By:Cointime

According to insiders, if Donald Trump wins the election and increases pressure on trading partners, South Korea is considering a plan to increase imports of energy from the United States. Seoul officials have spent several months preparing for either Trump or Harris to become president, and if Trump wins, this trade-dependent country is expected to face greater risks. A key area of ​​concern is South Korea's growing trade surplus with the United States. Insiders say that if trade imbalances become a sticking point during Trump's presidency, the South Korean government may urge companies to increase purchases of American oil and gas.

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