Haeyoon Kim 김혜윤

"X is the first company to be fined under the European Union’s Digital Services Act, a sweeping law intended to force large internet companies to protect their platforms against manipulation and illicit content."

U.S. Commerce “U.S. nuclear plants will be built with funds invested in the U.S. by South Korea and Japan” U.S. Secretary of Commerce Howard Lutnick said on the 2nd (local time) that a portion of investment by South Korea in the United States under the U.S.-South Korea tariff agreement will be used to b...

"At a Cabinet meeting held at the White House that day, Secretary Lutnick, regarding where to allocate the total cash investment of $750 billion pledged by Japan and South Korea ($550 billion from Japan, $200 billion from South Korea), said, 'For example, we will start with nuclear power.'"

Brussels is done being the world’s digital policeman The “Brussels Effect” is dead. Now Washington is setting the pace on deregulation in Europe.

"... when the European Commission made an outright retreat on its data and privacy rules and hit pause on its AI regulation... It sounded the death knell for what has long been described as the 'Brussels Effect'..."

This must hurt.

What being back home in Ulsan, South Korea 🇰🇷 looks like... 🚗🛻🚙🚢🛳️⛴️

"After the Europeans raised the steel tariffs on Mon, Lutnick responded by calling on the EU to 'analyze their digital rules, ... not put them away, but find a balanced approach ... then we will, together with them, handle the steel and aluminum issues and bring that on together,' he added."

U.S.-South Korea Joint Fact Sheet and MOU: It’s the Implementation, Stupid. The U.S.-South Korea joint fact sheet on trade and security has been released, followed by a bilateral memorandum of understanding (MOU) outlining the investment package.

It’s been almost two weeks since the U.S.–South Korea joint fact sheet and MOU were released, and here’s my analysis on Korea Tech & Trade Watch — how it compares with Japan’s deal, where Korea fell short, and how Seoul is pacing implementation of the promised investments. Hope you enjoy reading!

POLITICO Pro: Trump admin to S Korea: We’ll launch trade investigation if you pursue digital regulations Seoul has pledged not to disadvantage American tech firms in its domestic market, as the two countries continue to flesh out their trade agreement.

"The Trump administration has signaled in private talks that it could launch a Section 301 trade investigation if South Korea pursues legislation viewed as harmful to U.S. tech firms, even as the two nations move ahead with their new trade agreement."

China suspends seafood imports from Japan as Taiwan row escalates Beijing reimposes 2023 ban, citing Japan PM’s comment that military would respond to Chinese attack on island

A familiar play by China: "Chinese foreign ministry spokesperson said... 'I would also like to emphasise that due to [Japanese] PM Takaichi’s recent actions... and her erroneous remarks on major issues such as Taiwan... there would be no market for Japanese seafood in the current climate...'"

Meanwhile, in Florida...

Japan’s economy shrinks as US tariffs weigh on exports Weakness to bolster Prime Minister Sanae Takaichi’s case for further stimulus to support struggling households

Japan’s economy shrinks as US tariffs weigh on exports on.ft.com/49nN29D

China and Japan in escalating spat over Taiwan: What to know Japanese PM Sanae Takaichi had suggested Tokyo could take military action if Beijing attacked Taiwan.

So Chinese diplomats can call for a Japanese PM’s head to be cut off now?

"On Saturday, Xue Jian, China's consul general in... Osaka, reshared a news article about Takaichi's parliamentary remarks on X. But he also added his own comment that 'the dirty head that sticks itself in must be cut off.'"

"The US and the ROK commit to ensure that US companies are not discriminated against and do not face unnecessary barriers in terms of laws and policies concerning digital services, including network usage fees and online platform regulations, and to facilitate cross-border transfer of data..."

(3rd LD) S. Korea, U.S. sign MOU on US$350 bln investment pledge under trade deal: ministry | Yonhap News Agency (ATTN: ADDS more info in paras 9, 16-17) By Kim Na-young SEOUL, Nov. 14 (Yonhap) -- Sout...

"The MOU also says the agreement is an administrative understanding between Seoul and Washington, which does *not* create legally binding rights or obligations."

Joint Fact Sheet on President Donald J. Trump’s Meeting with President Lee Jae Myung President Lee Jae Myung of the Republic of Korea (ROK) welcomed President Donald J. Trump of the United States of America (United States or U.S.) for a

U.S.-South Korea Joint Fact Sheet:

"China’s Purchases of US Soybeans Stall Despite Trade Truce" 😲 www.bloomberg.com/news/article...

Update:
"The Korean government has postponed its decision on whether to allow Google to export the country's high-resolution map data, delaying the review for a third time... has instructed Google to submit a revised application by Feb. 5 next year, after which a final decision will be made."

Regarding a possible U.S. Supreme Court ruling on tariffs, the official said that even if the policy were deemed unconstitutional, he does not expect the Joint Fact Sheet agreement to be nullified or reopened for renegotiation.

대통령실 “한국서 원잠 선체 건조... 李·트럼프 논의된 내용” 대통령실 한국서 원잠 선체 건조... 李·트럼프 논의된 내용 한·미 팩트시트, 안보 분야 문안 조정으로 지연 원자력협정·동맹현대화 등 여러 사안 포함 美 유관 부서 리뷰 과정 인내심 갖고 관찰하겠다

U.S.–S Korea Joint Fact Sheet delayed as security language, incl. nuclear-powered subs, is refined. A Presidential Office official says leaders assumed related infrastructure would be built in Korea; his notes quote President Lee, “We will build it here,” contradicting Trump’s Philly shipyard claim.

Opinion | Why It Will Be Hard for Five Justices to Bless Trump’s Tariffs The problem with giving any president basically unconstrained authority to raise revenue via tariffs.

After Wednesday’s oral arguments in the Supreme Court about Trump’s tariffs, Jack Goldsmith thinks a majority of the court will be very worried about “giving a president basically unconstrained tariff authority to raise revenue that Congress as a practical matter cannot reverse,” he says.

argument over; i still think the most likely outcome is scotus invalidates the tariffs - at minimum the reciprocal ones.

The tariff pressures Trump can apply if he loses in Supreme Court ruling | CBC News The U.S. Supreme Court takes on a major case on Wednesday when it decides if President Donald Trump has the authority to use a law usually cited in emergencies for the imposition of tariffs on other c...

Win or lose at the Supreme Court, Trump has other tariff tools at his disposal.

"Get used to tariffs regardless of Supreme Court decision", U.S. treasury secretary says.
www.cbc.ca/news/world/u...

Trump says Nvidia's Blackwell AI chip not for 'other people' Nvidia's advanced Blackwell chip for artificial intelligence would not be available to "other people," U.S. President Donald Trump said Sunday.

Following Nvidia CEO Jensen Huang’s visit to South Korea and his pledge to supply 260,000 GPUs, Trump says: “The most advanced [chips], we will not let anybody have them other than the United States.”

“The US will suspend for one year… implementation of the responsive actions taken pursuant to the Section 301 investigation… on China’s Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance… the US… continuing its historic cooperation with the Republic of Korea and Japan..."

Fact Sheet: President Donald J. Trump Strikes Deal on Economic and Trade Relations with China REBALANCING TRADE WITH CHINA: This week in the Republic of Korea, President Donald J. Trump reached a trade and economic deal with President Xi Jinping of

Update on China’s Hanwha Ocean sanctions: "China will remove measures it took in retaliation for the U.S.’s announcement of a Section 301 investigation on China’s Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance, and remove sanctions imposed on various shipping entities."

Given that the U.S.-South Korea FTA has been largely sidelined and Seoul's request for a U.S. currency swap to help meet Washington's $350 billion investment demand was reportedly turned down, this is notable.

According to President Lee's national security advisor, Wi Sung-lac, the two countries agreed to begin talks to expand service and investment cooperation under their FTA, and signed a currency swap worth ₩70 trillion (400 billion yuan), extending the arrangement in place.

Korea and China sign 70 trillion won won–yuan swap, restore full diplomatic ties Korea and China sign 70 trillion won won–yuan swap, restore full diplomatic ties South Korea and China agree to deepen economic ties with expanded financial and trade cooperation

China-South Korea Summit after APEC in Gyeongju:

Despite Beijing’s sanctions on Korean shipbuilder Hanwha Ocean and Washington’s green light for South Korea to build nuclear-powered submarines to better track Chinese and North Korean ones, the China–South Korea summit was surprisingly cordial.

Xi urges Takaichi to reflect on wartime aggression, calls for China-Japan cooperation Xi urges Takaichi to reflect on wartime aggression, calls for China-Japan cooperation Xi urges Takaichi to reflect on wartime aggression while seeking stable China‑Japan ties

A slap in the face at the first meeting:
"Xi said, 'The two countries should be partners in cooperation, not threats to each other,' and added, 'We should widely promote the spirit of the Murayama Statement, which reflected on the history of aggression and apologized to victimized countries.'"

Nvidia expands AI ties with Hyundai, Samsung, SK, Naver | TechCrunch NVIDIA CEO Jensen Huang is visiting South Korea to strengthen partnerships with Samsung, Hyundai, SK, and Naver, unveiling plans for AI-powered networks and next-generation intelligent systems.

NVIDIA CEO Jensen Huang is visiting South Korea to strengthen partnerships with Samsung, Hyundai, SK, and Naver, unveiling plans for AI-powered networks and next-generation intelligent systems.