Kim Jung-kwan left for the United States on the 16th, a day after President Lee dismissed top negotiator Yeo Han-koo. The first project and the tariff ceiling are both unresolved.
Reality
- Evidence45
- Adoption15
- Hype gap+15
- Incentives65
- Confidence50
A House report, a senator's letter to the US trade representative and talk of fresh duties on South Korea have turned one company's data-breach penalty into alliance business, though nobody has yet published what the penalty costs.
Reality
- Evidence45
- Adoption35
- Hype gap+35
- Incentives80
- Confidence55
Section 338 of the Tariff Act has never been aimed at Canada before. The carve-outs, not the headline rate, show what Washington thinks it can afford to tax.
Reality
- Evidence26
- Adoption32
- Hype gap+31
- Incentives58
- Confidence28
Refunded IEEPA duties are landing in retailers' accounts as lump sums, but at Home Depot inflation and acquisition mix consumed most of the benefit before it reached the margin line.
Reality
- Evidence70
- Adoption62
- Hype gap−6
- Incentives68
- Confidence64
Korea's trade minister flew to Washington with the first project still unannounced. The arithmetic of an already-levied 12.5% tariff explains why the calendar is now a pricing problem.
Reality
- Evidence45
- Adoption22
- Hype gap+20
- Incentives68
- Confidence42