Trade tensions are ‘bad for everybody,’ says Bank of Korea governor

Tensions from the United States Donald fees are not only a trump in the South Borea but “bad for everyone,” he said Rue’s Bank.

“I really have this tension of commerce will,” Bank of Korea Governor Rhee Chang Yong said late. Wednesday.

Talking to CNBC to the Manufacturement Manufacturement meeting that the business tables have caused the head for the Corean south economy, and the cycling risk to economic growth.

“We will be directly affected by US fees [and] also indirectly from their schedule to other countries, eg production in Vietnam, electronic production in Mexico, and our powers production “in Canada.”

Rhee comments arrived a day before South Korea Gross Domestic Product Contracted for the first time Since the quarter quarter of the 2020, with the figures wigs that the country gdp will reveal 0.1% year in the year in their first quarter.

GDP clearance also comes as a southern team team for the US discussions, with the President acting the President Han Duck-Soo saying Wait talk to the us to pave the way as a result the two sides.

The mine of the South Korea’s commerce, industry and energy said thursday that the agenda For the meeting with the US is still over.

Central Bank Governor reported the village growth because of the political instability in the first quarter, but the election of the south. “

The property of the antique of the praison Yoon and Prime Minister Han Duck in the first trimester, with the Capping the Han setting and succeed the President remove yoon from the office the 4th April.

Firstly this month, the Korea of ​​Benchmark A 2.75% in his / herding meeting, saying, “should be remained on the exchange of the exchange exchange impact.”

The advertisement of Trump “Day” April 3 April has brought to whiplash won to the sweat on the following days.

When asked why the central bank does not consider the expertise attend the flycitility decision, adding the bank I was able to maintain the rate and examine the decision.

“If we make an analogy, now we are feeling in a dark tunnel, and then in that case, best to slow down a little, until the eye [adapts]’