theguardian.com
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US Steel Tariffs Boost South Korea's K-pop Industry
US President Donald Trump's 25% tariff on foreign steel has negatively impacted some South Korean industries, but it has inadvertently boosted the K-pop industry, as investors view it as a safe haven amid trade uncertainty, leading to record-high stock prices for major entertainment companies.
US Steel Tariffs Boost South Korea's K-pop Industry
US President Donald Trump's 25% tariff on foreign steel has negatively impacted some South Korean industries, but it has inadvertently boosted the K-pop industry, as investors view it as a safe haven amid trade uncertainty, leading to record-high stock prices for major entertainment companies.
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