Trump's Mutual Tariff Announcement Imminent... Impact on Korea [3-Minute Brief]

[At a Glance]
① U.S. Releases Country-Specific Trade Evaluation Report... "Unfair Offset Trade by South Korea"
② Won-Dollar Exchange Rate Hits 'Highest Since IMF'
③ Dozen and Simple Platform New IPOs Fall Below Offer Price

MARKET INDEX : Year to date

○ U.S. New York Stock Exchange's three major indices closed mixed... Stock market 'rollercoaster' ahead of reciprocal tariffs
○ Market volatility expands amid tariff uncertainties
○ Manufacturing PMI contracts for the first time in three months

Top3 NEWS

■ 'Beef, Cars, Offset Trade' U.S. Reveals K-Trade Barriers... "South Korea Largely Eliminated Tariffs on U.S. Goods"

○ U.S. releases country-specific trade evaluation reports
○ First criticism of unfair offset trade in weapons
○ Specifies "South Korea largely eliminated tariffs on U.S. goods through FTA"

■ Q1 Exchange Rate Hits 'Highest Since IMF'... Q2 Outlook Critical

○ Won-Dollar exchange rate averaged 1452.91 won in Q1
○ Political concerns and low growth signals rise... Short-term threat to 1500 level
○ Resolution of domestic and international uncertainties key "Will lower level by end of Q2"

■ KOSDAQ Returns to Late Last Year Levels... Is the IPO Market 'Shaking'?

○ On March 31, when short selling resumed, KOSDAQ newcomers all plunged
○ Dozen and Simple Platform among others fell below IPO price
○ Concerns over weakened investor sentiment in demand forecasting for pre-listed companies

Graphic News: U.S. Points Out "Trade Barriers"... Growing Concerns "Only Targeting Domestic Companies"

○ "Network usage fees, digital trade barriers"
○ USTR trade barrier report criticism
○ Criticism of "depicting domestic operators as monopolies"

the Chart: Trump-Induced Metal Shock... Gold and Copper Prices Soar

○ Gold price hits $3,157 per ounce... Intraday record high
○ Copper price highest since May last year... Up $5.1
○ Stockpiling in preparation for tariff lists

Today's Key Schedule

○Domestic

08:00 Consumer Price Index (YoY)(MoM) (March)

○Overseas

01:30 Speech by European Rain ECB Chief Economist

02:00 Speech by U.S. Federal Reserve Bank of Atlanta GDPnow (Q1)

18:30 Germany 10-year Bund bond auction

19:30 Speech by European Central Bank (ECB) Schnabel

21:15 U.S. ADP Nonfarm Employment Change (March)

23:00 U.S. Crude Oil Inventories

◇ Lunch & Commute Weather

○ Low temperature 3℃(▲5℃) ｜ High temperature: 16℃(▲16℃)
○ Precipitation probability 20% in the morning｜60% in the afternoon
○ Fine dust Moderate in the morning｜Moderate in the afternoon

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