周一，韩元兑美元汇率升至1420左右，从上周的下跌中反弹，因为投资者情绪在本周晚些时候美韩关税谈判之前有所改善。此次会议定于国际货币基金组织和世界银行春季会议期间举行，韩国财政部长崔相茂和贸易部长安将与美国贸易代表杰米森·格里尔和财政部长斯科特·贝森特会面。这些讨论是在韩国推动降低美国总统特朗普征收的25%互惠关税之际进行的，该关税目前已经暂停，但仍在逼近。在特朗普总统再次威胁美联储主席杰罗姆·鲍威尔并向央行施压要求降息后，韩元的升值也得到了美元疲软的支撑。

The South Korean won rose to around 1,420 per dollar on Monday, rebounding from losses seen the previous week as investor sentiment improved ahead of US–South Korea tariff negotiations later this week. The meeting scheduled to take place on the sidelines of the IMF and World Bank spring meetings will feature South Korean Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun meeting with US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent. The discussions come as South Korea pushes to reduce the 25% reciprocal tariff imposed by US President Trump, which is currently paused but still looming. The won's appreciation was also supported by a weaker US dollar, following President Trump’s renewed threats against Fed Chair Jerome Powell and pressure on the central bank to cut interest rates.

基准韩国综合股价指数周一上涨0.5%，至2496点，延续了上周的涨幅，因为在本周晚些时候举行的关键的美韩关税谈判之前，投资者情绪仍然乐观。财政部长Choi Sang-mok和贸易部长Ahn Duk-geun将在国际货币基金组织和世界银行春季会议期间会见美国贸易代表Jamieson Greer和财政部长Scott Bessent。会议将集中讨论放宽美国总统唐纳德·特朗普最初宣布的对韩国征收25%互惠关税的希望，这一措施目前已暂停，但仍迫在眉睫。与此同时，投资者也在密切关注本周晚些时候预计将发布的大公司盈利报告。指数权重股三星电子上涨0.4%，而其同行SK海力士上涨0.9%。其他表现突出的公司包括三星生物制品（0.8%）、Naver（1.4%）、新韩金融集团（1.2%）和现代摩比斯（1.2%）。

The benchmark KOSPI rose 0.5% to 2,496 points on Monday, extending gains from the previous week, as investor sentiment remained upbeat ahead of crucial US–South Korea tariff negotiations scheduled for later this week. Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun will meet with US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent on the sidelines of IMF and World Bank Spring Meetings. The meeting will focus on hopes of easing the 25% reciprocal tariff initially announced by US President Donald Trump on South Korea—a measure that is currently paused but still looming. Meanwhile, investors are also closely watching for upcoming corporate earnings reports from major companies, expected later this week. Index heavyweight Samsung Electronics rose 0.4%, while its peer SK Hynix gained 0.9%. Other notable performers included Samsung Biologics (0.8%), Naver (1.4%), Shinhan Financial Group (1.2%), and Hyundai Mobis (1.2%).

韩国贸易部表示，韩国和美国本周将在华盛顿举行贸易磋商。这些会议将在国际货币基金组织和世界银行春季会议期间举行，韩国财政部长崔相茂和贸易部长安杜根将会见美国贸易代表杰米森·格里尔和财政部长斯科特·贝森特。安将于周三离职，但铁道部没有透露具体的议程细节。会谈之际，韩国正寻求降低美国总统唐纳德·特朗普宣布的25%的“互惠”关税。在最近的一次英国《金融时报》采访中，韩国代理总统韩德洙强调，首尔“不会反击”美国的关税，理由是美国在朝鲜战争后的援助和安全支持。相反，他强调希望找到“对两国都更双赢的解决方案”。

South Korea and the U.S. will hold trade consultations in Washington this week, according to Seoul’s trade ministry. The meetings will occur on the sidelines of the IMF and World Bank spring sessions, with South Korean Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun meeting U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent. Ahn will depart on Wednesday, though the ministry did not disclose specific agenda details. The talks come as South Korea seeks to lower a 25% "reciprocal" tariff announced by US President Donald Trump. In a recent Financial Times interview, acting South Korean President Han Duck-soo emphasized that Seoul "will not fight back" against U.S. tariffs, citing America's post-Korean War aid and security support. Instead, he stressed the desire to find “solutions which are more win-win for both” countries.

韩国提出了一项12.2万亿韩元（86亿美元）的补充预算，以应对全球贸易紧张局势和国内政治不确定性对经济增长带来的日益增长的风险。此前，汽车和芯片行业是向美国出口的主要驱动力，目前正面临美国关税的压力。代理行长韩德洙警告称，潜在的流动性问题和更广泛的金融市场压力。在新增支出中，8.1万亿韩元将通过债券发行获得资金。预算拨款用于贸易风险应对（2.1万亿韩元）、人工智能开发（1.8万亿韩元），小企业支持（4.3万亿韩元）和灾难恢复（3.2万亿韩元）。财政赤字将上升到GDP的3.2%，债务为48.4%。政府还计划将外币债券销售增加到35亿美元，以管理市场波动。

South Korea has proposed a supplementary KRW 12.2 trillion ($8.6 billion) budget to address mounting risks to growth from global trade tensions and domestic political uncertainty. The move follows earlier support measures for the auto and chip sectors, key drivers of exports to the U.S., now facing pressure from American tariffs. Acting President Han Duck-soo warned of potential liquidity issues and broader financial market stress. Of the new spending, KRW 8.1 trillion will be funded by bond issuance. The budget allocates funds for trade risk response (KRW 2.1 trillion), AI development (KRW 1.8 trillion), small business support (KRW 4.3 trillion), and disaster recovery (KRW 3.2 trillion). The fiscal deficit is set to rise to 3.2% of GDP, with debt at 48.4%. The government also plans to boost foreign currency bond sales to $3.5 billion to manage market volatility.