110. Ginseng Trade War between US and Korea

In the early period of US-China trade, Ginseng became the main commercial goods that United States merchants shipped to China from North America. The inflow of huge amount Ginseng into Chinese market caused the depreciation of Ginseng's price. The Korean, who had exported Ginseng to China, waged a war against American Ginseng. Through this link you could read the research, examining the influence of American Ginseng on Korean's Ginseng trade with China.