[On-point] How S. Korea is making last-minute efforts to minimize impact of tariffs

As we just heard, U.S. President Donald Trump now says he'll send out tariff letters to at least twelve countries.

For more on South Korea's last-minute efforts to minimize the impact of tariffs, we're joined by Professor Shim Myungkyu, Associate Professor of Economics at Yonsei University.

Professor Shim, thanks for joining us this morning.

1. South Korea's presidential advisor and top trade negotiator is in Washington. Will the country be able to make meaningful progress in trade talks?

2. What leverage does South Korea have in tariff negotiations with the U.S.?

3. What's likely to happen if the deadline is not extended? Which South Korean industries will be the hardest hit once the tariffs go into effect?

4. As for the domestic economy,.. the government will soon begin distributing cash handouts --a key part of its supplementary budget. How effective will this measure be in reviving the domestic economy?

5. The supplementary budget also includes support for job seekers. Will this help boost the labor market?

Alright Professor Thank you so much for your insight this morning. We appreciate it.