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Japan-South Korea rift

South Korea threatens retaliation over Japan export controls

Companies brace as Tokyo eyes sweeping curbs beyond chipmaking materials

TOKYO -- South Korea is gearing up to fight Japanese export restrictions that kicked in Thursday on chipmaking materials, with the possibility that trade frictions over wartime labor will spill across industry lines.

Japan is also looking to remove South Korea in late August from a "whitelist" of countries that enjoy preferential treatment on trade. Businesses on both sides of the water worry how far the impact could spread.

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