On-point: S. Korea industries' concerns over possible second term of Trump administration

'트럼프 2기'에 쏠리는 눈 자동차•철강 예의주시

And those uncertainties are also growing among South Korean industries who were caught off guard by Biden's withdrawal of the race.
As much as there are great interests in learning about the new Democratic candidate, there are also growing concerns over a possible second term of the Donald Trump administration.
Let's turn to professor Hur Joon-young for more.

Good to have you back.

1. When he was in the White House, Trump was all about 'America First'.
Please remind us and walk us through his policies especially in terms of trade.

2. South Korea' steel industry is also on high alert after going through the Trade Expansion Act during the Trump administration, isn't it?
Why is it such a concerning matter?

3. Should South Korea's automobile industry be concerned as well?
It did see the largest surplus with the U.S. last year.
Will there be a bumpy road ahead?

4. What we have to point out is that the economy doesn't come alone anymore it's aired with security nowadays. For instance, semiconductors.
Will South Korea's strong, reliable chip exports be protected and stay in good terms under a possible Trump administration?

5. How can local steel, automobile and chip firms prepare themselves for the worst case scenarios?

Thank you so much for your insight this morning.

#US_presidential_election #Donald_Trump #AMERICA_FIRST #Trump_administration #트럼프 #미국_우선주의 #Arirang_News #아리랑뉴스

2024-07-24, 09:00 (KST)

[boris]

Korea & America help each other. ❤❤