---

---

● Trade-War-Resistant Stocks

Comprehensive Summary of Industry-Specific Fluctuations and Investment Strategies Amidst Tariffs and Global Economic Uncertainty

1. Tariff Issues and Global Economic Trends

Amidst a flood of tariff-related news, it is noticeable that tariff burdens vary across industries.
While some industries inevitably suffer from tariffs, others may actually benefit.
Policy changes in major countries, including the United States, and tariff increases (applied up to 25%) are increasing uncertainty throughout the global economy.
In particular, domestic and international export and import competitiveness is expected to be significantly affected by tariff changes.

2. In-Depth Industry Analysis and Key Issues

■ Steel Pipes and LNG Value Chain

• Steel products such as steel pipes are subject to a 25% tariff in the United States, but there is potential for price competitiveness to improve as quotas are lifted.
• Increased LNG imports and the resumption of terminal permits are likely to benefit companies related to the LNG value chain.
• Fitting companies can expect growth thanks to sufficient demand by reflecting the tariff burden in prices.

■ Power Generation Equipment and Coal/Thermal Power

• Although there are expectations for the expansion of coal-fired power generation, the power generation equipment supply chain may act positively or negatively depending on the demand for LNG and coal power generation.
• Domestic power generation equipment companies are seeking to expand overseas exports and domestic markets based on their competitiveness.

■ Semiconductors, Foundries, and DRAM

• Samsung Electronics' foundry division is expected to gradually reflect improved utilization rates and order backlog benefits.
• DRAM already showed preemptive signs of recovery in the first quarter, but volatility is expected until the second and third quarters due to tariff uncertainty and demand adjustments.
• SK Hynix is highly correlated with global big tech stocks such as NVIDIA, requiring a medium- to long-term investment strategy rather than short-term momentum.

■ Impact on IT, AI, and Overseas Manufacturers

• The IT sector, such as Apple, has an entirely outsourced structure, so the tariff burden is directly reflected in prices, raising concerns about increased consumer burden.
• Regarding AI chip demand, global companies such as NVIDIA have good short-term demand, but a cautious approach is needed due to concerns about medium- to long-term investment delays and economic recession.

■ Automotive Industry and Manufacturing Response Strategies

• As tariffs directly affect automobile prices, domestic and foreign automobile manufacturers are likely to undertake restructuring, such as securing production bases in the United States.
• In the case of domestic cars, price competitiveness is expected to be re-evaluated as competition with domestic products intensifies in major markets such as the United States.
• Along with increased consumer burden, companies must strike a balance between dividend yields and long-term investment strategies.

3. Investment Strategies and Response Measures

Amidst the uncertainty of tariffs and global economic prospects, rebalancing of individual stocks and asset allocation strategies are important.

• Industries with high tariff burdens (automobiles, IT, clothing, etc.) need to wait for rebounds due to tariff reduction news and negotiation progress, rather than short-term selling.
• Beneficiary industries such as steel pipes, fittings, and LNG-related companies with export competitiveness are likely to adopt a strategy of increasing their holdings and long-term ownership.
• It is appropriate to invest in medium- to long-term growth momentum rather than short-term volatility in the semiconductor and foundry sectors.
• In order to escape the uncertainty of the global economic outlook, it is necessary to check information focusing on key SEO keywords such as 'tariffs', 'economic outlook', 'global economy', 'industry analysis', and 'investment strategy'.

4. Conclusion and Future Outlook

Tariff impacts and global economic uncertainties affect each industry differently, and short-term price volatility and long-term growth momentum coexist.
If tariff reduction negotiations or policy changes in major countries such as the United States become concrete, they may have a positive impact on major company stock prices along with a rebound in stock markets around the world.
In uncertain times, investors need to carefully analyze the current situation and minimize risks and maximize opportunities through rebalancing and long-term investment strategies.

Amidst tariff increases and global economic uncertainty, various industries such as steel pipe/LNG value chain, semiconductors, IT, and automobiles are being affected in opposite ways.
Some companies may benefit from quota exemptions and export competitiveness despite tariff burdens, and a long-term rebalancing strategy is more likely than short-term selling.
In the future, news of tariff reduction negotiations and policy changes in the United States and globally are expected to be the trigger for major stock price rebounds, and continuous interest is needed focusing on the keywords ‘tariffs’, ‘economic outlook’, ‘global economy’, ‘industry analysis’, and ‘investment strategy’.

[Related Articles…]
Tariff News Summary · Investment Strategy Updates

*YouTube Source: [와이스트릿 – 지식과 자산의 복리효과]

– “집중해야 합니다” 관세 전쟁 피해주 피하고 이런 주식을 더 샀습니다 / 격월 이건규 4월호 (풀버전)