Korea Economic Daily

USTR, Non-tariff & Rules of Origin, etc. Organizing US Requirements by Item Intensive Negotiations Until Tariff Suspension Deadline The United States plans to create a standardized negotiation framework and conduct intensive reciprocal tariff negotia

Google Paid Subscribers Reach 270 Million AI Overview Usage Surges Alphabet Revenue Increases by 12% AI Chip 'Gaudi' Loses Ground Intel Reports Q1 Operating Loss Alphabet, Google's parent company, reported first-quarter (January to March) results tha

This week (April 28 to May 2), the New York Stock Exchange is expected to be influenced by the progress of the US-China trade negotiations. Earnings announcements from major tech companies like Microsoft (MS) and Meta are also scheduled. Last week, t

This week, we can gauge how much the exports that support the Korean economy have been hit by 'Trump Tariffs'. The US began imposing tariffs on automobile items (each 25%) and reciprocal tariffs (basic tariff 10%) earlier this month, and the impact i

Wall Street Not Relieved Despite Tariff Delay Focus on Additional Remarks by President Trump Keep an Eye on Tesla and Alphabet Earnings Announcements U.S. President Donald Trump has entered the fourth week of market turmoil following the announcement

Goldman Sachs Selects 7 Excellent Dividend Stocks "Prepare for Market Waves with High Dividend Stocks" Interest in high dividend stocks is increasing in the U.S. stock market. The market volatility has increased due to the tariff war between the U.S.

The Chinese stock market is showing a wait-and-see attitude as it observes the direction of the tariff war with the United States. The Shanghai Composite Index closed at 3295.06 on the 25th, down 0.07% from the previous trading day. On a weekly basis

Exchange Rate Pressure Intensifies… Concerns of Korea's 'Plaza Accord' Nightmare Will the US, like Japan in 1985, Take Issue with the Weak Won? Japan at the Start of the 'Lost 20 Years'… Resembling the Korean Economy "The second Pearl Harbor attack h

Conflicting Claims Between Trump and Xi Jinping China: "If You Want to Solve the Problem, Stop Threatening China" In response to U.S. President Donald Trump's statement that he had multiple conversations with Chinese President Xi Jinping, China reite

NYT: "Trump Likely Bluffing" As U.S. President Donald Trump continues to claim that negotiations with China are ongoing, China has openly criticized him for "abusing tariffs." This raises questions about whether behind-the-scenes contacts are actuall

The U.S. Central Bank (Fed) released a report on the 25th (local time) stating that asset valuations remain high despite recent stock market adjustments. In the Financial Stability Report released that day, the Fed assessed that "despite the recent d

U.S. President Donald Trump stated on the 25th (local time) that he cannot roll back the tariffs of up to 145% imposed on China unless China makes concessions to open its market. According to the White House press pool and CNN, President Trump told r

The three major indices of the New York stock market closed with gains for the fourth consecutive trading day. It is analyzed that the relief that 'the worst is over' from the tariff conflict initiated by U.S. President Donald Trump has had a positiv

Included in the Four Key Issues of Tariff Negotiations Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok announced on the 24th (local time) that "US Treasury Secretary Scott Besant proposed to discuss the currency exchange rate.

China has refuted President Donald Trump's claim that negotiations with China are underway, stating "do not cause confusion." Guo Jiaqing, spokesperson for the Chinese Foreign Ministry, said at a regular briefing on the 25th, "The US and China are no

As the 'Conclave' (Papal Election Secret Meeting) to elect the next pope is expected to be held as early as next month, meme coins themed around papal candidates are attracting attention. On the 24th (local time), Bloomberg News reported through a ne

International credit rating agency Fitch has forecasted that the Bank of Korea will lower the base rate to 1.75% by the end of this year. Jeremy Zook, Fitch's Director of Asia-Pacific Sovereign Ratings, stated on the 25th that the Korean economy will

President Donald Trump reiterated his willingness to negotiate tariffs with China, leading to a relief rally in the New York stock market. Key figures in the US Federal Reserve mentioned the possibility of a rate cut in the event of an economic slowd

Bridgewater Associates, the world's largest hedge fund that predicted the 2008 global financial crisis, has warned that the economic policies of the Donald Trump administration could trigger a recession. On the 24th (local time), Reuters and others r

The major three indices of the New York stock market closed with gains for the third consecutive day. This is attributed to the easing of investor anxiety as the U.S. engages in tariff negotiations with major countries. On the 25th (local time) at th

◆ US Treasury: "Successful Trade Talks with Korea" Scott Besant, the Secretary of the Treasury leading trade negotiations in the Donald Trump administration, stated on the 24th local time that trade talks between Korea and the United States are proce

Washington Korea-US 2+2 Trade Consultation Results Choi Sang-mok "Will conduct calm and orderly consultations" Korea-US package agreement likely to be reached after the June 3 presidential election Korea and the United States have agreed to pursue a

In the first trade talks with the US regarding the Trump-era tariffs, the government requested mutual and item-specific tariff exemptions. They also proposed finding ways for the two countries to mutually contribute to enhancing Korea's energy securi

Start of Korea-U.S. '2+2 Trade Talks' Trump Does Not Appear at Negotiation Venue On the 24th, Korea and the U.S. held a '2+2 Ministerial Trade Talks' in Washington, D.C., to lower the tariffs imposed by President Donald Trump. Deputy Prime Minister a

Bank of Korea and Government's 'Complacent Economic Perception' As the 'negative growth rate' report card for the first quarter of this year was released, criticism is rising that the government and the Bank of Korea failed to properly respond to the

Trump continues to send conciliatory messages WSJ "China tariffs may drop from 145% to 50%" US President Donald Trump hinted at the possibility of reducing tariffs on Chinese imports within 2-3 weeks. There is a forecast that the 145% tariff rate imp

US-China Tariff U-turn... US "New tariff rates to be announced in 2-3 weeks" Trump continues to send conciliatory messages WSJ "Possibility of China tariffs dropping from 145% to 50%" US President Donald Trump hinted at the possibility of lowering ta

Q1 GDP Growth Rate -0.2% Negative Growth, Blamed on Unexpected Adversities... Impeachment Crisis and Wildfires Severely Impact Domestic Demand First Time for 0% Growth for Four Consecutive Quarters Loss of 'Resilience' Due to Lack of Innovation Delay