The trade dispute that began with Japan's change of export controls on three materials used to make semiconductors and displays to South Korea is intensifying by the day.
The feud is bound to hit the boiling point with Tokyo's plan to expand its export controls by dropping South Korea from a list of 27 countries granted preferential trade status... as early as tomorrow.

Let's get an expert's view. Joining me from Tokyo is Dr. Yukiko Fukagawa, Professor of Economics at Waseda University. Dr. Fukagawa, welcome to the program.

Which industries do you think will be hit the hardest if Japan removes South Korea from its "white list"?

As a Japanese economist with global knowledge and expertise, what do you believe is Prime Minister Abe's true motive behind such measures?

Is this not politicization of free and open trade values?

What is the business sentiment in Japan? Is Japan's export restrictions and South Koreans' boycott of Japanese products and travels impacting Japanese firms as well?

As a Japanese economist with extensive expertise in the Korea as well, you are well-knowledged in both worlds. In your view, what are some key countermeasures that South Korea should take in dealing with this issue?

Yukiko FUKAGAWA, Professor of Political Science and Economics at Waseda University in Tokyo, many thanks for your insights this morning. We appreciate it.