South Korea escalates trade fight with Japan via WTO challenge
South Korea has challenged export restrictions imposed on Seoul by Japan at the World Trade Organization, escalating an ongoing trade tension between two major U.S. trading partners while the U.S. largely sticks to the sidelines. “Korea considers that this [export restriction] measure is inconsistent with Japan's obligations under various provisions of the covered agreements [at the WTO],” reads Korea’s request for consultations with Japan, which was made public on Monday. “Korea considers that the changes to Japan's export control treatments...