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Crash and burn

July 06,2018
A display in Seoul shows the benchmark Kospi falling sharply on concerns over a trade war between the United States and China. Starting on Friday, the U.S.’s 25 percent tariffs on Chinese goods and China’s retaliatory tariffs take effect. The Kospi on Thursday fell to its lowest level since May 4 last year, when it closed at 2,241.24. [YONHAP]