Hyundai Motor's 31 Trillion Investment Surprises Trump [3-Minute Brief]

① Hyundai Motor to invest 31 trillion KRW in the US... Trump highlights "tariff effect"
② Trump hints at auto tariff announcement before mutual tariffs on April 2
③ Trump’s influence? Green light for Korea-China relations

MARKET INDEX

○ US New York Stock Exchange's three major indices closed slightly higher across the board

○ Trump's remark on "mutual tariff exemption" draws attention

○ Limited increase in Consumer Confidence Index at lowest level in 4 years

TOP 3 NEWS

■ Hyundai Motor's US investment 'signal fire'… Samsung, SK, LG likely to accelerate

○ Chung Eui-sun jointly announced with Trump
○ "31 trillion KRW US investment over the next 4 years"
○ Trump: "No need to impose tariffs"

■ Trump reverses stance on no exceptions… "Tariff exemptions for many countries"

○ Auto tariffs announced before mutual tariffs
○ Tariff policy aimed at inducing investment and factory relocation within the US
○ Foreign media: "Tariff announcement plan increases confusion"

■ Amid Trump's tariff provocations, Korea-China relations… reconciliation mood through 'K-pop'

○ SCMP reports 'Reconciliation gesture in Seoul'
○ Relations cooled since THAAD deployment
○ Visa waiver measures signal cultural exchange

Graphic News: Seoul City to build 'Mirinae Houses' for newlyweds on abandoned school sites

○ District unit plan changed to build Mirinae Houses

○ 336 units of exclusive 44㎡ and 59㎡ supplied for newlyweds

○ Some Long-term Jeonse 1 units to be converted to Long-term Jeonse 2 also planned

the Chart: Slow recovery in consumer sentiment, declined again in March… "Concerns over domestic demand and exports"

○ Bank of Korea 'March 2025 Consumer Survey Results'

○ Consumer Sentiment Index 93.4… down 1.8 points from previous month

○ Watch April political direction and Super Tariff Day

Today's Key Schedule

○ Domestic

KOSDAQ AU Brands subscription, fixed public offering price 16,000 KRW

KOSDAQ Korea PIM subscription, fixed public offering price 11,200 KRW

○ Overseas

16:00 UK Consumer Price Index (YoY) (February)

17:00 Spain GDP (QoQ) (4th quarter)

20:00 France total job seekers (February)

◇ Lunch & Commute Weather

○ Lowest temperature 6℃(▼2℃) ｜ Highest temperature: 21℃(▲2℃)
○ Precipitation probability 10% in the morning｜20% in the afternoon
○ Fine dust level bad in the morning｜bad in the afternoon

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