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Top Five Firms Account for Half of South Korea’s Exports

South Korea’s export base is becoming increasingly concentrated among a handful of large companies, including Samsung Electronics and SK hynix.

  • Top five firms account for over 50% of South Korea's exports in Q2.
  • Record high share of 50.2% reached by major exporters in second quarter.
  • Growth of top five companies more than double that of 100 largest combined.

Trump pauses 50pc Canada tariffs for three days

US President Donald Trump paused the planned rollout of new tariffs on some Canadian goods late on Tuesday, after negotiations between both countries that went down to the wire.

  • US President Donald Trump temporarily halted 50% tariffs on Canadian goods.
  • The pause lasted for three days, according to Trump's statement on Truth Social.
  • The decision came after negotiations to avoid the tariffs affecting $20 billion in Canadian exports.

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