Finance · 08/01/2025
Ussouth Korea Trade Pact Revamped Posttrump Era
Former US President Trump announced a trade agreement with South Korea, featuring a $350 billion investment by South Korea in the US, $100 billion in energy purchases, and increased market access for US goods in South Korea. The US would impose a 15% tariff on South Korean goods. If implemented, this agreement would have profound implications for the US, South Korea, and the global economy. However, it also faces numerous challenges and uncertainties regarding its actual implementation and long-term effects.
Finance · 02/05/2025
Fed Vice Chair Urges Patience on Rate Cuts Amid Robust Economy
Federal Reserve Vice Chairman Jefferson stated that despite uncertainties, the US economy is performing strongly, and there is no urgent need for rate cuts. He emphasized that monetary policy may gradually ease in the medium term, suggesting that further policy adjustments should be made only if the economy remains robust.