U.S. experts say Japan's export curbs on S. Korea can have negative effect on world economy
- 5 years ago
Japan's export restrictions against South Korea could negatively affect the global economy.
That's according to American experts at a seminar on the South Korea-Japan relationship and its influence on trade and world economic order.
Hosted by the Korea Economic Institute in Washington D.C. on Wednesday... the seminar gave experts the chance to discuss the ongoing trade war between the two Asian neighbors.
Vice president of Peterson Institute for International Economics, Marcus Noland suggested the U.S. to play an active role in resolving the issue... because the World Trade Organization's problem solving mechanism has its limits.
Others emphasized on the need for the two countries to find a solution... so that the globalization of the semiconductor supply chain and trade liberalization can continue.
That's according to American experts at a seminar on the South Korea-Japan relationship and its influence on trade and world economic order.
Hosted by the Korea Economic Institute in Washington D.C. on Wednesday... the seminar gave experts the chance to discuss the ongoing trade war between the two Asian neighbors.
Vice president of Peterson Institute for International Economics, Marcus Noland suggested the U.S. to play an active role in resolving the issue... because the World Trade Organization's problem solving mechanism has its limits.
Others emphasized on the need for the two countries to find a solution... so that the globalization of the semiconductor supply chain and trade liberalization can continue.