In-depth: Global market wrap-up
Time for an in-depth look at the market action this Friday.And for that, I'm joined here in the studio by Dr. Kim Sei-wan , professor of economics at Ewha Womans University.Dr. Kim, thank you for coming in today.Thank you.1. The U.S announced a plan to impose fresh tariffs on the European Union,... after the two sides agreed on a "ceasefire" last year. Why do you think the Trump Administration had this sudden change of heart,... and which items from the EU will be targeted by the measures?2. If the U.S. trade war with China,... and also the European Union, intensify,... it seems the global economy will suffer even more. What is your outlook, Dr. Kim?3. It has been about three months since Japan took measures to restrict exports of key IT components to Korea. But, Tokyo decided to allow shipments of hydrogen fluoride just for Samsung Electronics and SK Hynix,... which are the world's largest memory chipmakers. Why do you think Japan made exceptions for these companies?4. Now turning our focus to more local developments. New data this week revealed that consumer prices in September had fallen for the first time in 54 years. What has caused the decline, and how likely do you think we'll enter deflationary territory as many are now fearing?5. Lastly,... amid the ongoing U.S.-China trade dispute and Korea's own trade spat with Japan,... what should be done to help cushion the impact on the economy?Alright, Dr. Kim. Always a pleasure to have you here in the studio.That's where we'll have to leave it for today.