South Korea lorry driver strike hits car and steel producers

Major South Korean businesses say they are being hit hard as a strike by thousands of lorry drivers across the country is in its seventh day.

Car maker Hyundai and steel producer POSCO are among the firms that have been affected by the industrial action.

The truckers are demanding more pay and an extension to government subsidies as they face rising fuel costs.

It comes as the country's exports fell by almost 13% in the first 10 days of the month from a year earlier.

The strike has raised concerns that it could worsen global supply chain disruptions, caused by the pandemic and the Ukraine war, and help to further push up prices around the world. South Korea is a major producer of goods from cars to electronics and computer chips.

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