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The Korean stock market benchmark index fell and headed towards a bear market. Investors are preparing for US President Donald Trump's wide-scale peer-to-peer tariffs to take effect. Korea's Kospi Index fell more than 1% in early trading on Wednesday, down more than 20% from the high it hit on July 11. Global funds have been selling off shares in this export-dependent market as trade tensions rise. The MSCI Asia Pacific Index fell 1.3%. Trump is pushing for higher tariffs on about 60 trading partners, and the new tariffs will take effect after midnight New York time.

Zhitongcaijing·04/09/2025 00:49:03
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The Korean stock market benchmark index fell and headed towards a bear market. Investors are preparing for US President Donald Trump's wide-scale peer-to-peer tariffs to take effect. Korea's Kospi Index fell more than 1% in early trading on Wednesday, down more than 20% from the high it hit on July 11. Global funds have been selling off shares in this export-dependent market as trade tensions rise. The MSCI Asia Pacific Index fell 1.3%. Trump is pushing for higher tariffs on about 60 trading partners, and the new tariffs will take effect after midnight New York time.