Japan revokes South Korea's trusted trade status, further escalating row

Japan revoked South Korea's status as a trusted trade partner on Wednesday, a move that is certain to add fuel to the diplomatic row between the neighboring countries.South Korea was taken off a list of countries that enjoy minimum trade restrictions on goods such as electronic components that can be diverted for military use. The measure, approved by Prime Minister Shinzo Abe and his Cabinet earlier in the month, took effect at midnight.Countries other than the 26 remaining on the "white list" must receive case-by-case approval from the Ministry of Economy, Trade and Industry before such g…READ FULL ARTICLE