Korea Economic Daily

Trump: “Higher tariffs for countries trying to play games” Threatens ‘retaliation’ if trade deals are reversed U.S. President Donald Trump threatened to impose higher tariffs on countries that roll back existing trade agreements with the United State

Nassim Nicholas Taleb, the author of "The Black Swan" who predicted the 2008 global financial crisis, warned that the current artificial intelligence (AI) boom is harboring risks that could erupt at any time. Taleb, who introduced the concept of “bla

The KOSPI on the 24th turned higher on institutional buying and extended gains to reclaim the 5,900 level intraday. Despite a chill from the U.S., semiconductor heavyweights Samsung Electronics and SK Hynix are leading the index higher on strong perf

Shin Min-kyung, Hankyung.com reporter radio@hankyung.com

[Breaking] KOSPI dips below 5,800 intraday…first time in three sessions Ko Jeong-sam, Hankyung.com reporter jsk@hankyung.com

The three major U.S. equity indexes in New York closed lower across the board. With fears persisting that artificial intelligence (AI) will encroach on the software sector, investor sentiment shrank sharply after U.S. President Donald Trump decided t

◆ Wall Street hit by tariff whiplash fatigue… Dow down 1.7% All three major U.S. stock indexes fell more than 1%. On the 23rd (local time), the Dow Jones Industrial Average closed at 48,804.06, down 1.66% from the previous session; the S&P 500 fell 1

US President Donald Trump said he would retaliate by imposing higher tariffs on countries that try to exploit the Supreme Court’s ruling that the reciprocal tariffs were unlawful. In a post on social media on the 23rd (local time), Trump wrote, "If a

Major parties in the European Parliament said on the 23rd (local time) they would halt legislative work related to ratifying a trade agreement with the United States. They also warned that President Donald Trump’s weekend announcement—invoking Sectio

"UK and Australia lose under 10% tariff; Japan and South Korea also lose advantages" China tariff rate falls 32%→24%; Mexico and Canada also lower "Impact likely short-lived given Trump may unveil a new tariff regime" Following the U.S. Supreme Court

After the US Supreme Court ruled that President Donald Trump’s reciprocal tariffs were unlawful, shares of Chinese companies listed in Hong Kong rose across the board. Analysts say expectations that the tariff burden on exports to the US could ease h

U.S. activates ‘Plan B’ to restore tariffs Buys time with a ‘15% tariff’ for 150 days Deploys Trade Act Section 301 and product-specific tariffs Probes ‘overproduction’ in Asia, including China Despite the U.S. Supreme Court’s ruling that the recipro

"Tariffs related to Sections 232 and 301 will continue to be collected" No information provided on the reason for the delayed implementation after the Supreme Court ruling or on tariff refunds US Customs and Border Protection (CBP) announced it will

“U.S. tariff ruling likely to have limited impact on stocks… effects may vary by sector” The KOSPI extended its rally despite uncertainty surrounding U.S. reciprocal tariffs, at one point breaking above the 5,900 level for the first time ever. On the

Hanwha Asset Management said on the 23rd that it has signed a strategic partnership with the Jito Foundation, a leading player in the Solana ecosystem, to build infrastructure for liquidity staking-based ETPs (exchange-traded products). Choi Young-ji

Samsung Electronics, SK hynix set new highs Won–dollar exchange rate down in early trading by 7 won The KOSPI extended its rally despite uncertainty over U.S. reciprocal tariffs, breaking above the 5,900 mark for the first time on an intraday basis.

Noh Jeong-dong, Hankyung.com reporter dong2@hankyung.com

Daishin Securities report As U.S. President Donald Trump’s reciprocal tariffs were stripped of legal legitimacy by the Supreme Court, Trump instead moved to push through head-on by raising the baseline tariff rate applied worldwide. Brokerage analyst

Iran said it is drafting an agreement with the United States and that a deal could be reached at talks to be held in Geneva, Switzerland, on the 26th (local time). According to U.S. broadcaster CBS on the 22nd (local time), Iranian Foreign Minister A

US Treasury Secretary Scott Bessent said on the 22nd (local time) that trading partners hope to keep existing trade agreements intact, in connection with the Supreme Court’s ruling that the reciprocal tariffs were unlawful. According to CNN, Bessent

The Democratic Party said on the 22nd that it “will do its utmost to ensure the Special Act on Investment in the U.S. is processed by the 9th of next month, as agreed by the ruling and opposition parties.” According to News1, the ruling party, the go

Logic behind the U.S. Supreme Court’s ‘illegal ruling’ “Imposing taxes and tariffs is Congress’s power The executive branch violated the separation of powers” The U.S. Supreme Court has a ‘conservative majority.’ Of its nine justices, six lean conser

Ukrainian authorities early on the 22nd (local time) issued an evacuation order, warning of a possible ballistic missile attack, and foreign media reported that powerful explosions were heard multiple times in the capital, Kyiv, shortly afterward. Ac

64% of Americans: “Don’t support tariffs” Public opinion cold even ahead of Supreme Court ruling Reciprocal tariffs—long touted by U.S. President Donald Trump as one of his signature achievements—were ruled unlawful on the 20th (local time) by the U.

Weekly outlook for New York and Shanghai stocks U.S. court rules reciprocal tariffs illegal Markets watch spillover effects closely Focus on whether China consumption rebounds on Lunar New Year Investors in U.S. stocks are expected to focus this week

The Bank of Korea (BOK) is expected to raise its forecast for this year’s real gross domestic product (GDP) growth from 1.8% to 1.9–2.0% in its revised economic outlook to be released on the 26th. Analysts say upside factors for growth include a robu

US Supreme Court: Trump’s reciprocal tariffs are “illegal” Wall Street closes broadly higher Trump counters with “10% tariffs worldwide” Nvidia earnings and the 3rd round of Commercial Act revisions also in focus With the KOSPI eyeing the 6,000 level

Prolonged uncertainty over U.S. tariffs… a ‘double-edged sword’ for Korea’s economy As uncertainty surrounding the tariff policy of the Donald Trump administration in the United States drags on and enters a protracted phase, it is emerging as a new v

BIS real effective exchange rate at 67.73 in January Lowest since the shift to a floating exchange-rate regime in 1973 Only 35% of the April 1995 level Japan’s overseas purchasing power continues to erode. The yen’s real effective exchange rate—often

The Blue House said on the 21st, regarding the U.S. Supreme Court ruling that the reciprocal tariffs are unlawful, that "while it is true that uncertainty in the global trade environment has increased due to the U.S. judiciary’s ruling, the governmen