Samyang Foods' stock price is showing a downward trend in early trading on the 4th. This appears to reflect concerns that export performance may decline following U.S. President Donald Trump's decision to impose a 26% reciprocal tariff on Korean imports.
As of 9:34 a.m. that day, Samyang Foods' stock price recorded 814,000 won, down 3.44% from the previous day.
The concern arises from the possibility that the record-breaking export performance driven by the popularity of 'Buldak Bokkeummyeon' could falter due to President Trump's tariff policy.
Buldak Bokkeummyeon’s U.S. sales surged 127% year-on-year to 280 million dollars last year. It is actively targeting the local market, including being stocked in Walmart stores nationwide across the U.S. Since all U.S. export volumes are produced domestically, tariff risks seem inevitable.
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