Korea Economic Daily

The government reaffirmed its stance not to rush negotiations, countering U.S. Treasury Secretary Scott Besant's remarks that 'Korea wants to establish the basic framework for trade negotiations before the presidential election.' On the 30th, the Min

The three major indices of the New York Stock Exchange closed with joint gains. It is interpreted that expectations that the United States will smoothly conduct trade negotiations with major countries have been reflected. On the 29th (local time) at

◆New York Stock Exchange Rises on Tariff Negotiation Expectations Overnight, the New York Stock Exchange rose as news of smooth negotiations among major trading partners, excluding China, stimulated investor sentiment. At the New York Stock Exchange

Temperature Difference with South Korean Government's 'July Package' US Treasury Secretary Scott Besant stated at a press conference held at the White House on the 29th that "the outline of trade negotiations with South Korea is gradually emerging,"

Outlook for 6 Months Ahead at Lowest Since 2011 Inflation Worsens, Employment Situation Deteriorates, Spreading Pessimism As pessimism grows over tariffs affecting the US economy and labor market outlook, US consumer confidence in April fell to its l

U.S. Treasury Secretary Scott Besant avoided a direct answer to the question of whether tariff negotiations between the Trump administration and the Chinese government are underway, saying, "I will not comment in detail on who is talking to whom," du

Withdrawal of Forecasts in the Automotive and Aviation Industries Continues Besent Mentions Basics Without Details on Auto Tariffs and Country-Specific Negotiations Amid some major companies withdrawing their performance forecasts for this year, the

US Companies Rush to Import Goods and Materials Ahead of Tariff Implementation GDP Likely to Be Revised Downward from Initial Estimates Tomorrow The US goods trade deficit in March reached a record $162 billion (232 trillion won), driven by companies

Lee Boba, Hankyung.com Guest Reporter newsinfo@hankyung.com

Jang Ji-min, Hankyung.com Guest Reporter newsinfo@hankyung.com

S&P500 Index Falls 7.8% in First 100 Days, Worst Since Nixon in the 1970s Declines in Deckers, Albemarle, Tesla; Rises in Palantir, Philip Morris "Most Anti-Business, Anti-Economic Policies Amid Pro-Business Expectations" President Trump is expected

Donald Trump Jr., the eldest son of U.S. President Donald Trump, is entering Korea through the Seoul Gimpo Business Aviation Center in Gangseo-gu, Seoul on the 29th. Invited by Chung Yong-jin, Chairman of Shinsegae Group, Trump Jr. is expected to hav

Rising car prices and additional costs for companies remain inevitable Partial refund starting at 3.75% of the value of domestically produced cars As the U.S. auto industry faces an unprecedented crisis due to tariffs, the Trump administration plans

Trump Eases Car Tariffs…Excludes Steel and Other Item Tariffs Discontent Grows Among U.S. Car Companies Retreats on Tariffs Ahead of 100th Day in Office U.S. President Donald Trump is reportedly set to ease the tariff burden on imported cars and car

Criticism at BRICS Foreign Ministers' Meeting "We Must Oppose U.S. Protectionism Together" China has escalated its criticism of the United States, likening it to a 'bully' for using tariffs as a weapon. At the same time, it urged BRICS member countri

The Supreme Court's judgment on the case of Democratic Party presidential candidate Lee Jae-myung's alleged violation of the Public Official Election Act will be announced in two days. On the 29th, the Supreme Court announced that it would deliver th

Franklin Templeton's Chief Market Strategist Interview with Stephen Dover "China is more prepared than during Trump's first term" "Investment Strategy: Not the time for buying or selling, need for portfolio diversification" "Revival of U.S. Manufactu

Asset Management Firm Apollo Analyzes Impact of 145% Tariff on China Due to the tariff policy of the US Donald Trump administration, there is a warning that American consumers may see empty shelves in retail stores as early as next month. Apollo Glob

The trends of the three major indices on the New York Stock Exchange were mixed. The Dow and the Standard & Poor's (S&P) 500 indices rose, while the Nasdaq index fell slightly. However, the fluctuations were not significant. This was because the US-C

Apple and Tesla Fluctuate Amid US-China Trade Agreement Uncertainty Nvidia Falls on News of Huawei's High-Performance AI Chip On the first day of the week, the 28th (local time), when the earnings announcements of major tech companies and key economi

"China exports five times more than the U.S." Goldman Sachs: "Millions of Chinese jobs at risk if negotiations fail" Scott Vesent, U.S. Treasury Secretary, emphasized on the 28th (local time) that the responsibility for the U.S.-China trade agreement

Ceasefire for Humanitarian Reasons from May 8-10 Ukraine Demands '30-Day Ceasefire' Russian President Vladimir Putin has declared a temporary ceasefire for three days from May 8 to 10 (local time). The ceasefire is justified on humanitarian grounds t

"Trump's Fed Disruption Leads to Decline in Dollar Confidence" "Hedging Dollar Asset Decline with Yen Purchases and Australian Dollar Short Selling" U.S. investment banks have warned of the potential structural decline of the U.S. dollar. They cited

Treasury Yields Slightly Down and Gold Prices Fall from Peak Focus on Big Tech Earnings and April Employment Data This Week Asian and European markets rose slightly on the 28th (local time) due to speculation that US-China trade talks are unofficiall

Container bookings from China to the US drop 45% in a year Apple and Tesla face production and export disruptions due to double tariffs Shein raises product prices by up to 377% in a day Shipping costs and prices surge ahead of 'small duty-free' abol

US Stock Market Sluggish Due to Tariffs Donald Trump, the President of the United States, signed a total of 137 executive orders by the 24th after his inauguration. According to the Wall Street Journal on the 26th (local time), this is more than thre

Interview - Maurice Obstfeld, Professor at UC Berkeley The Miran report is completely wrong The claim that trade deficits are tolerated to supply dollars No direct correlation... Absurd claim Policy goals are contradictory, leading to dilemmas The Tr

Reduction of 75,000 Government Employees in Restructuring Illegal Immigrant Numbers at 60-Year Low It has been calculated that U.S. President Donald Trump signed executive orders at a rate of 1.4 per day after taking office. Significant executive ord

Korea-US, Including Exchange Rates in Trade Talks Strong Dollar Seen as Cause of Trade Deficit Major Countries May Face 'Currency Appreciation Pressure' No Yen Appreciation Demand on Japan Some Say "Excessive Worry" The inclusion of 'exchange rate po