Haeyoon Kim 김혜윤

@haeyoonkim.bsky.social

Korea Tech & Trade Watch: https://koreattw.substack.com/

“When Mr. Trump was initially briefed... U.S. officials did not believe the Nvidia executive knew that Ms. Huang was gathering information for the Chinese... but some senior officials... doubt that Mr. Huang could have remained unaware of... her intelligence-gathering role for China."

Nvidia Chief, Jensen Huang, Is Seen as Target of Chinese Spy Plot (Gift Article)

A Chinese businesswoman who had a close relationship with Jensen Huang was found to be passing intelligence to Beijing. President Trump was briefed and took no action.

nytimes.com

"Sources close to Hochul say the governor is in 'advanced talks' with Solidigm, the US arm of South Korean chip giant SK Hynix, and that the firm is scouting sites near Utica, Oneida County, for a semiconductor manufacturing facility that could create hundreds of jobs if approved."

Exclusive | Kathy Hochul pushing to announce chipmaking plant in Utica, NY — despite AI data center ban: sources

The proposed Oneida County deal arrives just weeks after Hochul’s ex-aide was indicted as a secret agent for the Chinese government.

nypost.com

"The administration has given inconsistent descriptions of many of the deals... Just last week, Trump announced South Korea had agreed to a list of projects to direct $200 billion of investment to the U.S., including a liquefied natural gas project in Alaska. Seoul immediately disputed the details."

Democrats say Trump’s trade deals were corrupt. They’re gearing up to investigate.

Democrats on the House Ways and Means, Senate Finance and other committees are already lining up targets if their party wins back Congress.

politico.com

Japan and South Korea have pledged billions in U.S. investment under tariff pressure. But how much will materialize, and at what cost? In our new @cato.org paper, @simonlester.com and I examine how Trump's “friendfunding” approach could lead to poor investment outcomes and strain U.S. alliances.

"Friendfunding" Industrial Policy

The Trump administration’s “friendfunding” approach uses tariff threats to steer allied money to US-controlled projects, promising an uncertain investment payoff while concentrating power in the execu...

cato.org

Surprise! The EU and China have clinched a trade deal to: - Cut China's exports of hybrids and plug-in hybrids by more than half - Improve access to the Chinese market for €4 billion of EU-made products - Facilitate China's export licensing for rare earths and permanent magnets

EU and China clinch deal over EVs after weeks of heated trade talks

EU Trade Commissioner Maroš Šefčovič described the deal as marking the end of the “first phase” of negotiations. Brussels is pushing for a fundamental rebalancing in trade relations with Beijing. #Eur...

euronews.com

Here comes another discrimination charge: "'Our message to Microsoft is: You’re a great American company, but you’ve got to hire great American workers,'... 'For every worker that Microsoft laid off, they replaced that worker with one-and-a-half foreign indentured servants,' Vance said."

Trump admin bars 8 tech companies from sponsoring H-1B workers for green cards

The vice president announced the move in a Thursday press conference where he said Microsoft is discriminating against Americans by prioritizing foreign workers.

politico.com

VP Vance on Alaska LNG: "I think it's ​something that's going to happen. Obviously, you ‌still ⁠got to work out some of the details, and the South Koreans have spoken to that... But when... ​there ⁠really is strong demand for American natural gas, I think we're going ⁠to ​be able to get ​it done."

Vance says details of proposed Alaska LNG pipeline need to be worked out

US Vice President JD Vance said on Monday that a ​long-planned liquefied natural gas pipeline in ‌Alaska was going to happen, but there were still some details that ​needed to be worked out ​with Sout...

reuters.com

U.S. House Select Committee on China Chair John Moolenaar warned that South Korea’s growing alignment with China could strain U.S.-Korea ties, citing Korea's chip investment in China, alleged discrimination against U.S. firms, criticism of U.S. forces, and remarks on Taiwan.

Moolenaar: South Korea Putting Indispensable Alliance with U.S. At Risk

Chairman John Moolenaar of the Select Committee on China has sent a letter to Secretary of State Marco Rubio raising concerns about South Korea's growing alignment with China, which could undermine it...

chinaselectcommittee.house.gov

The Fact Sheet is out, and the Alaska LNG project looks less concrete than the White House remarks suggested earlier today. Commerce Secretary Lutnick spoke of “just over $50 billion invested in Alaska for the Alaska LNG project," but that figure does not appear in the document.

Fact Sheet: Korea and the United States Announce Historic Strategic Investment Projects

The announcement of the strategic investment project (“Project Star”), the Korea - U.S. Nuclear Power Plant Projects (“Project Power”), and a plan to work together on the Alaska LNG project (“Project ...

commerce.gov

Why didn't anyone in the room press President Trump or Secretary Lutnick on the fact that, regarding the Alaska LNG project, the South Korean government has only said it is considering the project and has not confirmed that it approved funding?

Aaron Rupar@atrupar.com · last mo.

Lutnick: "I have the best job, because I get to sit and watch Donald J Trump make the coolest deals I've ever seen in my life. And I have the best time doing it."

"President Trump could announce as soon as Wednesday his administration intends to tap South Korea's pledged strategic investment package for about $54 billion to build a LNG facility in Alaska... Alaska has become a central stage for Republicans battling to maintain control of the US Senate..."

Trump set to tout Korean investment in Alaska LNG, other projects, sources say

President Donald Trump could announce as soon as Wednesday his administration intends to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas f...

reuters.com

Huang, speaking at a discussion following the Korea Society’s annual gala in New York last night, said, “AI is not a living creature. It is just software that performs the task it is given.” He added that AI “has less self-awareness than a pet rock, so it does not spiral out of control on its own.”

Nvidia CEO Says AI Has Less Self-Awareness Than a Pet Rock

Nvidia CEO Jensen Huang said AI has less self-awareness than a pet rock, dismissing doom warnings, as he received the Van Fleet Award in New York.

en.sedaily.com

"Xi also announced that China will invite 100,000 American youth to come to his country for studies and exchanges in the next five years and that China will send two pandas to the zoo in Atlanta." Not sure if that's the best trade. 🙄

Trump hails deep friendship with Xi as China's leader urges 'healthy' competition between 2 powers

President Donald Trump is hailing the “truly great friendship” he's forged with Xi Jinping as the Chinese leader began his highly anticipated state visit at the White House.

apnews.com

Happy to be quoted in @financialtimes.com on what is expected to become S Korea’s first US-bound project under its $350 billion investment deal with the Trump administration, a multibillion-dollar gas-fired power plant in Encinal, Texas, and the limits of Seoul’s “commercially reasonable” safeguard.

South Korea bets on Texas gas plant to satisfy Donald Trump

Seoul to fund $22bn power plant as pressure mounts to deliver on $350bn investment deal

ft.com