Direxion Daily South Korea Bull 3X Shares

KORU

Market cap $749M

The South Korean KOSPI index plunged almost 20% over the last two days, something @CharlesSchwab's Michelle Gibley attributes to a greater alliance on natural gas amid energy volatility. She adds that the storage chip supply shortage adds to complications for South Korea's economic picture.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

AI fears, geopolitical tensions and strong earnings shaped February markets.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Tariffs continue to be the wild card swaying markets, but traders can agree that it clears a pathway for potential ideas. The Supreme Court's landmark ruling that struck down presidential tariff authority could create a high-velocity trading environment—a perfect setup for Direxion's suite of leveraged-inverse ETFs.

President Donald Trump threatened to hike tariffs on goods imported from South Korea to 25%, citing the failure of the country's legislature to codify the trade deal. The new rate would apply to autos, lumber, pharmaceutical products and "all other Reciprocal TARIFFS", under which the president set a 15% levy on South Korean exports.

President Donald Trump has threatened to hike tariffs on goods from South Korea to 25%, citing what he said was the failure of the country's legislature to codify the trade deal the two nations reached last year. Carnegie Mellon Institute for Strategy & Technology Non-Resident Fellow Troy Stangarone breaks down what this could mean for the relationship between the two countries.

President Donald Trump said Monday he is increasing tariffs on South Korean goods because the country's legislature has yet to approve the trade framework announced last year.Trump said on social media that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from 15% to 25%. The U.S. president previously imposed the tariffs by declaring an economic emergency and bypassing Congress, while South Korea needed legislative approval for the framework announced in July and affirmed during Trump's October visit to the country.

South Korea's ruling Democratic Party reportedly said it will pass a planned investment bill in the U.S. by February: Yonhap Earlier on Tuesday, Trump had said he was raising tariffs on Seoul to 25%, from the 15%.

South Korean automaker and pharmaceutical stocks were falling after President Donald Trump late Monday threatened to raise tariffs on some Korean imports to 25% because that country's government has been too slow to approve a trade deal reached last year.