Going for a song: investors flee to K-pop as safe haven amid Trump's tariff war

Donald Trump's imposition of a 25% tariff on foreign steel may have caused alarm among South Korean officials, but it has been music to the ears of one sector of the country's export-led economy: K-pop. Investors have ploughed money into the industry, which is now being seen as a "safe haven" from Trump's trade war with some of his country's closest partners. As government officials warned of the potentially negative impact of the tariffs, given South Korea is the US's fourth-biggest supplier of steel, shares in South Korea's four major entertainment groups soared to their highest levels for a year….