South Korea cuts growth views as trade war batters exports
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SEJONG, South Korea (Reuters) - South Korea on Wednesday cut this year's economic growth target to what would be a seven-year low as the prolonged U.S.-China tariff war hit global demand for the export powerhouse's manufactured goods.The worsening global outlook has prompted the government to slash its projections for exports for Asia's fourth largest economy in a sign policymakers will likely need to do more to prop up slumping activity.The government now aims to achieve growth of between 2.4%..