Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea.
Dr. Yang, thank you as always for coming on.
Thank you.
President Trump gave a speech in New York Tuesday in which he said the U.S. is in an economic boom. He also said he's "close" to a deal with China but renewed his threat of tariffs. It's likely that would've had some impact on the markets. What's the story today?
Reports say the Trump administration is likely to push back its tariffs on cars from Europe by another six months. At the same time, it's looking like the U.S. won't put more tariffs on Korea. What's the thinking in Washington, and in the Korean car industry?
The Korea Development Institute's economic forecast for next year is calling for growth of 2-point-3 percent. That's weighed down by factors like these various trade conflicts. What can Korea do to respond?
Alright, Dr. Yang.
Thanks so much for coming on and sharing your insights.
We appreciate it.
