South Korea’s climb up the global economic ranks is losing steam. The country won’t hit $40,000 in per capita GDP until 2029 — two years later than previously forecast — as slowing growth, political instability,

South Korea's exports surprisingly rose in April, led by strong chip sales, trade data showed on Thursday, although the auto sector was weighed by U.S. tariffs. Exports out of Asia's fourth-largest economy stood at $58.

South Korea’s exports unexpectedly expanded for a third consecutive month in April, even as President Trump’s sweeping tariffs have started to hurt international trade.