Korea's Trade Gap Lasting on Commodities, Weak Won: Vice Finance Minister

The video discusses the South Korean economy, focusing on inflation, currency issues, and government measures to address these challenges. It highlights the impact of global factors on South Korea's exports and the economy, including the weakness of the South Korean won and Japanese yen. The government is prioritizing tackling inflation by lowering fuel taxes and considering tariff reductions. The video also covers the effects of global monetary policy tightening on South Korea's financial markets and the government's strategies to manage financial volatility. Additionally, it addresses the challenges posed by supply chain disruptions and the country's reliance on exports.

What is the current state of the South Korean won and its implications?

In what ways has the COVID-19 pandemic impacted South Korea's supply chain?