For a long time now, the world has been fixated on the ongoing Trade-War between US and China. But you will be surprised to know about another Trade War, which has been ongoing since the Second World War. What started as a historical dispute over forced labor during the invasion has turned into a major economic and political crisis.
The brewing Trade War between these countries could become the cause for slowing down of future global growth! Potentially, this might be the reason for newer smartphones to be more expensive too. But, this one is not among the ones you are thinking right now! It’s between Japan and South Korea.
So, why are Japan and South Korea in a trade war?Continue reading