Chinese tourists have discovered the high seas and their goods to demand for big and even bigger cruise ships. This is business. As welcome another front seems to open in the global trade war south korea is now seeking help from the United States in its dispute with japan the japanese government has imposed imposed export restrictions on some products bound for south korea after seoul called on tokyo to compensate forced laborers on the 2nd world war that has led to a public backlash against japanese products in South Korea Seoul has warned the u. S. Trade curbs Will Hurt Tech Firms Around The World materials affected are key to making memory chips and smartphone springs. Lets bring in our financial correspondent Chelsea Delaney whos standing by in frankfurt chelsea how bad is this Will Consumers have to worry about getting their hands on a smartphone anytime soon. Well i think if you are planning on buying
a smartphone this year should maybe reconsider but as you said you know these c
a smartphone this year should maybe reconsider but as you said you know these chemicals that japan has restricted are critical to basically every consumer product today or consumer electronic you know pretty much smartphones but also t.v. . tablets you know all sorts of electronics and the problem is that japan is dominant and all 3 of these chemicals they control basically 70 to 90 percent of the supply for all 3 of them so for south korea there s really nowhere else that they can go to get these products so they have some stockpiles samsung says it has about 3 months worth but i would expect you know delays to ripple through the companies like apple amazon samsung but also to be expecting higher prices for these products and some sort of very wide ranging effects could this also affect the way to roll out of 5 g.