Group 1 - The recent agreement between South Korea and the United States on tariff and security negotiations has alleviated concerns in the South Korean industry, which was anxious about potential changes in trade conditions [1][3] - South Korea has committed to investing $350 billion in the U.S. and purchasing $100 billion worth of energy products, leading to a reduction in tariffs from 25% to 15% [3][4] - The automotive sector in South Korea is particularly affected, with exports of auto parts to the U.S. projected to reach $8.22 billion in 2024, accounting for 36.5% of total auto parts exports [3][4] Group 2 - In the third quarter of this year, Hyundai and Kia reported significant tariff expenses, with Hyundai's reaching approximately $12.4 billion and Kia's at about $1.23 billion, resulting in a year-on-year profit decline of 29.2% and 49.2%, respectively [4] - The South Korean government is pushing for the new 15% tariff rate to take effect retroactively from November 1, which would allow for refunds on excess tariffs paid [4][5] - The investment plan includes $200 billion in cash investments, with a cap of $20 billion per year, and an additional $150 billion allocated for shipbuilding projects [5] Group 3 - The South Korean economy is projected to grow at a rate of around 1% this year, influenced by strong semiconductor exports, despite the negative impact of U.S. tariffs [6][7] - The International Monetary Fund (IMF) has revised its growth forecast for South Korea from 2% to 0.9% due to trade tensions and weak domestic demand [6][7] - Citibank has a more optimistic outlook, predicting that South Korea's GDP growth could reach 2.2% by 2026, driven by strong semiconductor exports and declining energy prices [7]
虽迟但到！韩美关税细则说明书公布，韩国经济吃下“定心丸”？
Di Yi Cai Jing·2025-11-14 05:37