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Benzinga
Benzinga
World
Navdeep Yadav

Trump's Trade Policies Pose Greater Risk To South Korea's Economy Than Domestic Martial Law Crisis, Says Central Bank Chief: 'A Lot More Uncertainty'

The governor of the Bank of Korea, Rhee Chang-yong, expressed that the South Korean economy is more threatened by the trade policies of President-elect Donald Trump than the current political crisis in the country.

What Happened: Rhee Chang-yong has indicated that the fallout from President Yoon Suk Yeol’s unsuccessful attempt to impose martial law this week will postpone “critical structural reforms” to the South Korean economy and financial markets, reported the Financial Times on Thursday.

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