A woman walks past an advertisement featuring Japanese and South Korean flags at a shop in Shin Okubo area in Tokyo Friday, Aug. 2, 2019. Japan has approved the removal of South Korea from a "whitelist" of countries with preferential trade status, escalating tensions between the neighbors. The decision will fuel antagonism between the two neighbors already at a boiling point over the export controls and the issue of compensation for wartime Korean laborers. (AP Photo/Eugene Hoshiko)
Japan escalates trade war with South Korea
Japan dropped South Korea as a preferred trading partner, escalating a dispute that threatens the global supply chain for smartphones and electronic devices. CNN's Sherisse Pham reports.
02:01 - Source: CNN
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A woman walks past an advertisement featuring Japanese and South Korean flags at a shop in Shin Okubo area in Tokyo Friday, Aug. 2, 2019. Japan has approved the removal of South Korea from a "whitelist" of countries with preferential trade status, escalating tensions between the neighbors. The decision will fuel antagonism between the two neighbors already at a boiling point over the export controls and the issue of compensation for wartime Korean laborers. (AP Photo/Eugene Hoshiko)
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