Tariffs and Chinese Competitors Impact South Korean Companies’ Stability

Most sectors of the economy in South Korea have shown negative trends in terms of financial stability, write analysts at S&P Global in their forecast for the development of Korea’s corporate sector in 2026. According to experts, out of the fourteen major sectors, only three are expected to see an improvement in their financial standing, with tariffs and Chinese competitors being identified as key factors impacting the stability of South Korean companies. The ongoing trade tensions between the US and China, as well as the global economic slowdown, are also contributing to the challenges faced by South Korean businesses.