It's time now for an in-depth look at the markets on this Friday, and for that, I'm joined on the line by Dr. Kim Seiwan, professor of economics at Ewha Womans University.
Dr. Kim, thank you for coming on today.
In his speech yesterday for National Liberation Day, President Moon did address Japan's economic retaliation against Korea. Korea's going to move ahead steadily as a responsible economic power. What was in that message, and where do you see the economic competition or cooperation, as it were, going in the future?
The Korean government announced this week that it's taking Japan off its own trade whitelist, effective probably sometime next month. What products are targeted by this measure and how much effect do you see it having?
Responding to Japan's trade curbs, finance minister Hong Nam-ki has announced budget support worth more than 2 trillion won for the parts, materials and equipment industries. What's he trying to do, and how effective do you think this will be?
In his trade war with China, President Trump has decided to delay a new round of tariffs on China that were going to take effect next month until December. Why might he have done that, and what are the products that'll be affected by these tariffs?
Some are saying this delay in the tariffs is a good sign for the trade war, investors responding positively to it. Others saying it doesn't mean that much in terms of an actual resolution. What do you think?
Alright Dr. Kim. That's where we'll have to leave it today.
Thank you for coming in today.
We appreciate it.