(11 Apr 2025)
RESTRICTION SUMMARY
ASSOCIATED PRESS
Seoul, South Korea – 11 April 2025
1. Wide of Hana Bank dealing room
2. Close of screen sowing KOPSI at 2,402.91, down 42.15 (1.72%)
3. Various of traders looking at screens
4. Screen
5 .Wide of room
6. Close of currency board
7. Wide of Hana Bank dealing room
STORYLINE:
South Korean markets opened with a sharp fall on Friday morning due to concerns over the trade war between the U.S and China.
South Korean markets saw a sharp increase on Thursday after the U.S decided to temporarily pause reciprocal tariffs for 90 days on countries excluding China.
However, on Friday 30 minutes after the market opening, South Korea’s benchmark Korea Composite Stock Price Index was at 2401.60 – 1.78 percent lower than Thursday’s closing point.
This week, Trump doubled down on China, raising duties on its imports to a staggering 145%, even as he eased off his planned tariffs on much of the world’s goods for 90 days in the face of a stock market meltdown.
But the whipsaw of economic threats on American allies and partners has already taken a toll, beyond just upending global trade.
AP Video by Yong Jun Chang
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