SEOUL: South Korea unveiled a 12 trillion won supplementary budget plan to shore up the country’s export-reliant economy threatened by Donald Trump’s tariffs as officials prepare to head to the United States to negotiate a lower duty.
The amount is up from an originally planned 10 trillion won, with a third of the total earmarked for dealing with trade risks and boosting the country’s artificial intelligence capabilities, Finance Minister Choi Sang-mok said yesterday.
