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Won Value Jumps After Yoon's Dismissal... Political Uncertainty Clears [3-Minute Brief]

[At a Glance]
1. Yoon's impeachment accepted... Uncertainty peaks and subsides
2. Flood of criticism over Trump's 'reciprocal tariff calculations'
3. Will the 25% tariff apply to semiconductors? Domestic industry on edge

MARKET INDEX
Won Value Jumps After Yoon's Dismissal... Political Uncertainty Clears [3-Minute Brief]

○ 10% basic tariff effective on the 5th... Additional tariffs on the 9th

○ Trump maintains determination to enforce tariffs despite stock market shock

○ Criticism from Wall Street as well... Ackman calls it "self-inflicted economic nuclear winter"

TOP 3 NEWS
■ Uncertainty resolved by impeachment acceptance... Expectation of stock market and exchange rate stabilization
○ Uncertainty peaks over mutual tariffs and impeachment verdict passed
○ Political theme stocks expected to surge due to early presidential election
○ KRW-USD exchange rate short-term bottom at around 1430 won
■ On Trump's mutual tariff calculations... "Did AI do this?" flood of criticism
○ USTR simply calculates trade deficit and import amounts
○ Claims zero trade deficit between the two countries
○ Trump administration's economic ignorance and obsession
■ Semiconductor tariffs expected to be a 'precision strike'... "Mobile chips likely to be targeted first"
○ Last year's exports to the U.S. totaled 14.832 trillion won
○ Timing of application varies by semiconductor type
○ Mobile AP likely to be the first target
Graphic News: 'Parents will be completely drained'... Last month's education inflation rate highest in 16 years
Won Value Jumps After Yoon's Dismissal... Political Uncertainty Clears [3-Minute Brief]

○ Education prices rose 2.9% year-on-year last month
○ "University tuition hikes have a big impact on inflation"
○ Despite declining school-age population, private education expenses continue

the Chart: "After work, chicken and beer is the only joy..." Rising chicken prices boost popularity of supermarket and frozen chicken
Won Value Jumps After Yoon's Dismissal... Political Uncertainty Clears [3-Minute Brief]

○ Consumers seeking alternatives due to chicken price increases

○ ZicoBa raised prices by 2,500 won; Jadam Chicken uses dual pricing system

○ Delivery chicken costs lead to increased popularity of supermarket and frozen chicken

Today's Key Schedule

○ Domestic

07:00 Current account balance (February)


○ Overseas

07:00 New Zealand NZIER Business Confidence Index (Q1)

08:50 Japan Adjusted Current Account Balance (February), Seasonally Unadjusted Current Account Balance (February)

10:30 Australia NAB Business Confidence Index (March)

◇ Lunch & Commute Weather
○ Low temperature 8℃(2℃) | High temperature: 19℃(2℃)
○ Precipitation probability morning 20%|afternoon 10%
○ Fine dust morning moderate|afternoon moderate
Won Value Jumps After Yoon's Dismissal... Political Uncertainty Clears [3-Minute Brief]

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


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