"Fluctuating" Trump... This Time Car Tariff Suspension? [3-Minute Brief]

① Trump emphasizes "flexibility"... Hints at additional tariff exemptions for auto parts
② Government to increase semiconductor ecosystem support from 26 trillion to 33 trillion KRW
③ China controls 90% of the world's rare earth elements

MARKET INDEX : Year to date

○ Taking a breather amid tariff uncertainties… Dow down 0.38%
○ Trump urges China for tariff negotiations
○ Volatility expected to continue due to tariff uncertainties

Top3 NEWS

■ Semiconductor support expanded from 26 trillion to 33 trillion KRW… 70% national funding for underground power lines

○ 500 billion KRW secured through supplementary budget
○ 70% of underground power line costs covered by national funds
○ Investment subsidies newly established for advanced materials and parts companies

■ 'Boy Who Cried Wolf' Trump hints at tariff exemptions on car parts following phones and PCs

○ On additional tariff exemptions: "Seeking support for car companies"
○ On smartphone tariff exceptions: "I'm a flexible person"
○ Uncertainty grows due to inconsistent tariff policies

■ China weaponizes rare earths… White House says "concerned about export controls, reviewing all options"

○ Essential materials for defense, energy, and robotics industries weaponized
○ Special permission from Chinese government required for export
○ US 70% dependent on China… South Korea also concerned about impact

Graphic News: Surviving the chaotic stock market in April ? Shipbuilding & Defense ETFs

○ KOSPI fell 1.02% compared to end of last month in April
○ "Shipbuilding & Defense ETFs delivered over 10% returns"
○ "Low impact from US tariff policies, growth potential remains intact"

the Chart : From monopoly to competitive system after 70 years

○ Monopoly broken with launch of Korea’s first ATS
○ NextTrade, launched in March, growing rapidly
○ KRX profitability declined last year

Today’s Key Schedule

○Domestic

○Overseas

18:00 Europe Consumer Price Index (YoY) (March)

21:30 US Retail Sales (MoM) (March)

22:15 US Industrial Production (MoM) (March)

22:45 Canada Interest Rate Decision

23:00 Business Inventories (MoM) (February)

23:30 US Crude Oil Inventories

◇ Lunch & Commute Weather

○ Low temperature 6℃(▲4℃) ｜ High temperature: 23℃(▲9℃)
○ Precipitation probability 0% in the morning｜20% in the afternoon
○ Fine dust Moderate in the morning｜Moderate in the afternoon

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