Trump Tariff Bomb Realized... South Korea Semiconductor 'Emergency' [3-Minute Brief]

[At a Glance]
1. Trump’s Mutual Tariffs Raise Concerns for Samsung and SK
2. Foreign Currency Loans at Four Major Banks Up 15% in a Year Due to High Exchange Rates
3. Global Competition Heats Up in ‘Humanoid Robots’ as Google Joins the Race

MARKET INDEX : Year to date

○ US Treasury yields decline
○ Gold prices fall over 1%
○ Economic uncertainty increases

Top3 NEWS

■ Trump targets mutual tariffs and non-tariff barriers… Korea FTA also rendered ineffective

○ Global trade war declared, effective from April
○ Semiconductor subsidies to be renegotiated
○ Concerns over impact on Samsung and SK

■ Bank foreign currency loans increase again… Risk concerns amid high exchange rates

○ Outstanding foreign currency loans at four major banks up 15% in one year
○ Risk exposure calculated by converting to KRW
○ If exchange rate rises, KRW equivalent increases, affecting capital soundness

■ Tesla 'in the crosshairs'… Google joins competition with 'humanoid robot'

○ Google invests in AptroNick robot development
○ Tesla's 'Optimus' rival 'Apollo'
○ Planned for industrial use including medical field

Graphic News: Profitability cut to one-fifth in 12 years… Loan business to maintain profitability, delinquency risk rises

○ Commission rates cut to half to one-fifth over 12 years
○ Loan business prioritized over credit sales… soundness declines
○ Card companies complain "Rates lowered as much as possible"

the Chart: Bank foreign currency loans increase again… Risk concerns amid high exchange rates

○ Outstanding foreign currency loans at four major banks up 15% in one year
○ Risk exposure calculated by converting to KRW
○ If exchange rate rises, KRW equivalent increases, affecting capital soundness

Today's Key Schedule

○Domestic

14th KOSDAQ Dongguk Life Science confirmed public offering price 9,000 KRW

08:55 Trade Balance (January)

○Overseas

19:00 Eurozone Finance Ministers Meeting, Trade Balance (December)

23:30 US FOMC member Harker speech

◇ Lunch & Commute Weather

○ Lowest temperature -3℃(0℃) ｜ Highest temperature: 7℃(▲1℃)
○ Precipitation probability 0% in the morning｜0% in the afternoon
○ Fine dust Bad in the morning｜Bad in the afternoon

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.