Trump raises tariffs on South Korea – Market focuses on Big Tech earnings


A view of the Seoul Observatory on Monday, October 20, 2025, in South Korea.

Joan Chung | Bloomberg | Getty Images

U.S. President Donald Trump has been using tariffs in creative ways: (ostensibly) to stop drug trafficking, (allegedly) to safeguard national security goals, and now, to speed up legislation in another country.

Trump said on Monday he would raise tariffs on some South Korean goods as Seoul delays implementation of a trade deal with the United States October attacks. Tariffs on cars, medicines and lumber will increase from 15% to 25%.

While the United States continues to erect barriers with its economic partners, other countries are building trade corridors with each other.

India on Monday announced the end of negotiations Reach a trade deal with the EU. The agreement is expected to be formally signed in around six months and take effect within a year, Reuters reports.

America’s belligerent moves could further alienate its allies and the global economy — a concern reflected domestically dollar indexHitting the weakest since September, gold and silver prices continued to soar.

However, U.S. stocks remain resilient as investors position themselves as leaders ahead of earnings from big tech companies. Apple, Meta and Microsoft were the main drivers of Monday’s market gains ahead of reporting last-quarter financial results later this week.

Attention now turns to the Federal Reserve, which is due to announce an interest rate decision in the coming days. While the central bank is expected to keep interest rates on hold, Chairman Jerome Powell’s press conference may reveal this Trump’s attack on Fed independence ——Trump may choose the right time to announce this news The next Fed chairman will be appointed on the same day.

For investors, it adds another variable to a week already filled with earnings, data and political noise.

What you need to know today

Trump said he would raise certain tariffs on South Korea. Tariffs imposed on imported cars, medicines and lumber from 15% to 25% South Korea’s legislature delays approval Trade deal with the United States“, Trump said on Monday.

Nvidia invests $2 billion in CoreWeave. Chipmakers bought core weaving Class A common stock is located in $87.20 per shareaccording to a Published on Mondaya discount from Friday’s closing price of $92.98. CoreWeave’s shares rose nearly 6% on Monday.

The memory chip shortage will continue until 2027. CEO Sassine Ghazi said, Synopsysdesigning semiconductor tools. Ghazi told CNBC last week that most of the memories of top players “are Direct access to AI infrastructure“.

Good day for US stocks. Major stock indexes rose on Mondaybehind the earnings apple, Yuan and Microsoftahead of an earnings report later this week. Pan-European Stoke 600 Add 0.2%. ASML, LVMH and Deutsche Bank will Report results this week.

(PRO) Behind Silver’s New Highs. The precious metal gained 5.9% on Monday, pushing the price to $109.10. have two main reasons One analyst said this was the reason behind its record-breaking performance.

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