Business Business: South Korea’s exports fell for the first time in four months in May, mainly due to lack of supply to the US and China. This decline was due to the ongoing trade dispute between the US and China, which the U.S. President Donald Trump increased due to tight tariff measures.

According to government data, South Korea’s exports in May declined by 1.3% to $ 57.27 billion compared to last year. The trade minister said, the decline in exports to the US and China shows that American tariff measures are affecting the global economy and our exports.