02/08/2019 13:43
Japan to strike South Korea off trusted export list as rift deepens
Japan will remove South Korea from its list of trusted trade partners, deepening a bitter row between the two countries.
The decision to strike South Korea off its so-called "white list" puts fresh trading restrictions on the country.
South Korean President Moon Jae-in on Friday condemned Tokyo's "selfish" act and threatened possible retaliation.
The trade spat, which includes curbs on tech supplies, has sparked fears over risks to the global electronics sector.
The escalating dispute has been fuelled by diplomatic tensions over compensation for wartime labour.
Japan has said the measures are based on national security concerns, and also address Seoul's inadequate export controls.