This Week in ESG and Impact Investing

The recent US Presidential election on November 5th, which will lead to Trump’s second term, has raised concerns in South Korea across multiple sectors, including trade, energy, high-tech industries, financial markets, and diplomatic policies. In the week following the presidential election, various analysts predict that the new administration will have a significant impact on South Korea’s economy. According to the Korea Chamber of Commerce, the most likely scenarios include the introduction of a “Tariff on All Imports,” a “Return to Fossil Fuel,” an increase in “Uncertainties in the High-Tech Industry,” “Monetary Policy Interference,” and “Personal Diplomacy” between North Korea and the United States. I believe South Korea must prepare in advance for these changes. Tariffs on All Imports: Given South Korea’s trade surplus with the United States—$44.4 billion last year and $28.7 billion in just the first half of this year—there are strong possibilities for the renegotiation of existi...