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US Dollar and Yen May Rise on Japan, South Korea Trade War

From dailyfx.com

Japan and South Korean trade relations over the past two months have soured as the conflict threatens to disrupt a critical node in the global tech supply chain, potentially benefiting the US Dollar. The origin of the dispute – much like other issues the world is being afflicted by – is political. The underlying source of tensions between the two dates back to Japan’s occupation of Korea during World War II. Last year, the South Korean Supreme Court ruled that several Japanese companies had to compensate the victims wartime forced labor victims. Tokyo responded that restitution had already been paid through an ... (full story)

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