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Japan's trade curbs on Seoul could cost German firms billions of dollars: Report Updated: 2019-08-09 16:41:27 KST

Germany is worried the current Seoul-Tokyo tensions will negatively affect German companies.
According to the Association of German Chambers of Industry and Commerce on Thursday, Japan's trade restrictions could affect German firms that rely on semiconductor goods from South Korea.
They risk losing billions of dollars if the trade spat continues.
The association added the German economy has already been impacted by the trade war between the U.S. and China.
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