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Won Park

Trump's tariff bomb hit the Korea stock market

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DeepBrain AI
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Donald Trump's tariff policies are hitting the Korean stock market hard. The KOSPI is currently down 3%, and as an office worker in Korea, I am worried and feel uneasy. Could this lead to an economic crisis this year? I'm genuinely concerned. Let's talk this topic!
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Prithvi Damera
The Korea stock market experienced a significant downturn, with the Kospi index falling as much as 2.4% in response to President Trump's new tariffs on Canada, Mexico, and China. South Korean companies like Kia Motors, which operates a plant in Mexico, saw their stocks decline by over 7%, reflecting the broader market anxiety about potential global trade disruptions
Elena Mira
This has negatively affected not only the Korean market but also others. I hope the parties involved will come to an agreement and resolve their differences. Otherwise, it will be worse for the whole world.
Won Park
@elenat I want Trump to change his mind. Because with great power comes great responsibility.
Kay Kwak
Lots of companies and countries are facing challenges, but hopefully, Korea can turn this into an opportunity—just like it did during Trump’s first term!
Won Park
@kay_arkain I hope so. Thanks Kay. We will overcome this crisis!