Tariff Deadline Approaching... All-Out Effort to Coordinate U.S. Negotiation Strategies [3-Minute Brief]

① U.S. Tariff Deadline Approaching... Korean Government and Companies Accelerate Negotiation Strategies
② Nvidia AI Chips and TikTok... Emerging as Key Strategic Issues in U.S.-China Talks
③ Trump Visits the Fed... Pressures Powell to Cut Interest Rates

MARKET INDEX : Year to date

○Major events scheduled... Volatility expected to rise
○Last week, the three major U.S. stock indices rebounded sharply
○Fatigue and caution over market highs have made the market more vulnerable to volatility

Top 3 NEWS

■ "Tariff negotiation deadline D-7"... Government and business community mobilize all 'trade front' resources

○President Lee Jaemyung holds consecutive meetings with heads of major groups
○With the failure of the '2+2 diplomatic and trade talks,' public-private cooperation in negotiations is being ramped up
○Analysis: "Securing a 15% tariff reduction from Japan is a realistic goal"

■ Nvidia AI chips and TikTok sale... U.S.-China likely to discuss at negotiation table

○The third high-level U.S.-China trade talks will be held in Sweden on July 28-29
○Despite export controls on Nvidia AI chips and TikTok, China has smuggled in about $1 billion worth
○Lutnik pressures approval of TikTok stake sale

■ Trump, now even visits the Fed to pressure Powell: "Lower rates, please"

○First visit by a sitting U.S. president to the Fed in 19 years
○Trump criticizes excessive construction costs for the Fed building
○Repeatedly demands rate cuts: "No personal feelings involved"

Graphic News: KEXIM steadily increases support for innovative export companies... "No problem responding to U.S. tariffs"

○Loan target for innovative growth industries set at 20 trillion won; 16.6 trillion won executed by June
○"Annual target growth and overachievement"
○Strengthening export company competitiveness, including support for U.S. transactions

the Chart: Delinquency rate for won-denominated loans in May hits highest in 8 years and 6 months

○Highest since November 2016 (0.64%)
○New delinquency rate up 0.02 percentage points
○SME delinquency rate up 0.12 percentage points

Today's Key Schedule

○Domestic

KOSDAQ NRB listing, confirmed offering price: 21,000 won

KOSDAQ Hana No.35 SPAC subscription, confirmed offering price: 2,000 won

KOSDAQ ITChem subscription, expected offering price: 14,500 won~16,100 won

○Overseas

19:30 India Industrial Production (YoY) (June)

21:30 Canada Wholesale Sales (MoM) (June)

22:00 France 3-month BTF government bond auction

◇Lunch & After-work Weather

○Lowest temperature: 27°C (▼1°C) ｜Highest temperature: 36°C (▼1°C)
○Precipitation probability: morning 0%｜afternoon 0%
○Fine dust: moderate in the morning｜moderate in the afternoon

All you need in 3 minutes: essential, cost-effective economic news. Published daily at 8 AM.