South Korea's first vice finance minister says the government will take measures to stabilize the nation's financial markets in case of increased volatility amid the ongoing U.S.-China trade negotiations.
Meeting with senior economic and financial officials Monday, Kim Yong-beom said there's a possibility of rising financial volatility if Washington imposes new tariffs on 156 billion U.S. dollars worth of Chinese goods on December 15th as scheduled.
He said the government will respond with a contingency plan if there's a sharp fluctuation in the foreign exchange market.
#U.S. #china #SouthKorea
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