# Seoul: Stocks up; won falls on Trump's trade threats - The Business Times

> South Korea's Kospi rose on Friday while other Asian shares fell after a report that US President Donald Trump was preparing to step up the trade war with Beijing and impose more tariffs on Chinese imports. The won weakened to about 1,112.9 per dollar onshore, 0.39% weaker than its prior close, and Korean bond yields dropped.

- Date: 2018-08-30 · published 2018-08-30T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/63752-seoul-stocks-up-won-falls-on-trump-s-trade-threats-the-business-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Renewed US-China tariff threats strengthen the dollar against Asian currencies and add to trade-war uncertainty for Chinese feed demand, a modest negative for US feed-ingredient export prices.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/seoul-stocks-won-falls-trumps-trade-threats

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.