Nomura's Kwon on U.S., South Korea Trade, Economy

The video discusses the Free Trade Agreement (FTA) between the US and Korea amidst political tensions, including the reopening of communication hotlines and delayed military drills. It examines the potential impacts of US trade policies on the South Korean economy, highlighting the limited effect due to South Korea's trade with China and the semiconductor industry. The video also explores the expected recovery in Chinese tourism to South Korea, which could boost the economy post-Winter Olympics.

What recent actions have been taken to reduce tensions on the Korean Peninsula?

• Increasing military presence in the region

• Reopening of the hotline between North and South Korea and delaying military drills

• Conducting joint military exercises

• Imposing new economic sanctions

What is the main concern regarding the Trump administration's trade policies?

• The impact of tariffs on steel exporters

• The reduction of foreign aid

• The increase in military spending

• The potential for a trade war with China

Which sector is the largest export driver for South Korea?

• Semiconductor memory

• Agriculture

• Automobile sector

• Textile industry

What is the expected impact of the return of Chinese tourists on South Korea's GDP?

• An increase of 1 percentage point

• No significant change

• A decrease of 0.2 percentage points

• An increase of 0.2 percentage points

What event is expected to boost Chinese tourism in South Korea?

• A cultural festival

• A new trade agreement

• The Summer Olympic Games

• The Winter Olympic Games