South Korea to retaliate over Japan's 'white list' removal

Tensions escalate as neighbors take away each other's preferential trade status

20190801 Abe Moon

Japanese Prime Minister Shinzo Abe, right, and South Korean President Moon Jae-in. (Source photo by AP)

MITSURU OBE and KIM JAEWON, Nikkei staff writers

TOKYO/SEOUL -- Prime Minister Shinzo Abe's government on Friday formalized Japan's decision to remove South Korea from its "white list" of 27 countries with preferential trade status, a move that further fuels bilateral tensions. South Korea responded by saying it will take Japan off its white list as a countermeasure.

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