Professor Yukiko Fukagawa of the School of Political Science and Economics at Waseda University, an expert in Korean economic development, observed that the friction between the two countries has escalated since 2000, when Korean global businesses like Hyundai and Samsung rose … Japan’s METI has made individual applications mandatory, for export of fluorinated polyimide and hydrogen fluoride, to South Korea. The Japan-South Korea dispute isn’t just about the past . Japan and South Korea are trading blows in a conflict that threatens to impact businesses around the world – and to deepen divides between allies the U.S. relies on in East Asia. South Koreans fear that a power struggle between Japan and China could easily escalate into a regional conflict that would inevitably involve Seoul. Japan and South Korea are showing no signs of backing down from a trade dispute that could disrupt global production of smartphones, computers, and other electronics. Several agreements, the first dating back to 1965, have failed to sustain positive relations between the two democracies. This article is for subscribers only. There has already been a drop in sales of South Korean semiconductors manufactured by Samsung Electronics and SK Hynix. This summer saw Japan and South Korea mired in a toxic political conflict with no apparent way out in sight. The Korean conflict is an ongoing conflict based on the division of Korea between North Korea (Democratic People's Republic of Korea) and South Korea (Republic of Korea), both of which claim to be the sole legitimate government and state of all of Korea. Yet here we are. China appears to be stepping up to mediate between Japan and South Korea as their trade battle intensifies — a move that could prompt the U.S. to … The historical–psychological fault-line . South Koreans participate in a rally to denounce Japan's new trade restrictions and Japanese Prime Minister Shinzo Abe on August 24, 2019 in Seoul, South Korea. Well, on the surface level, the conflict comes from the atrocities committed during the Japanese occupation of Korea from 1910 to 1945. Instead, Japan chose to escalate the conflict despite the United States asking both Japan and South Korea to refrain from taking measures that would further enflame the situation. Japan and South Korea should cease tit-for-tat behavior so the situation does not deteriorate further. In 2016, when South Korea agreed to deploy the Terminal High Altitude Area Defense (THAAD) system for the purpose of defending the country from newly devel-oped North Korean missiles, China pressured South Korea and its firms invested in China to step back from security cooperation with the United States. Moreover, the conflict threatens to disrupt the entire … While South Korea still grapples with the fallout of Japan’s brutal occupation, it hasn’t forgotten its resistance. According to South Korea, Dokdo was recognized by Japan as Korean territory in 1696 following an altercation between Japanese and Korean fishermen. For the year, South Korean exports to Japan were down 6.9 percent, while imports from Japan were down 12.9 percent. By the mid 1980s, it became a major exporter of … Phillip Orchard - July 12, 2019. As if the poisonous air between Tokyo and Seoul is … Japan's economic retaliation is unlikely to resolve Korea-Japan conflict. South Korea, Japan, and the US are all damaged by the conflict. The second panel turned eyes to the trade issues involved in the conflict between Japan and South Korea. 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