[Special Stock] Secondary Battery Stocks Surge on US Tariff Suspension... LG Energy Solution Up Over 6%
Domestic secondary battery stocks are showing a strong rally in the early trading session on the 10th following news of the U.S. postponing the imposition of reciprocal tariffs.
As of 10:10 a.m., LG Energy Solution shares on the KOSPI market are trading at 334,000 KRW, up 6.37% from the previous trading day.
Other secondary battery stocks such as SK IE Technology (6.44%), Lotte Energy Materials (4.69%), and Samsung SDI (3.51%) are also experiencing sharp gains.
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On the 9th (local time), U.S. President Donald Trump announced on his social media platform Truth Social that reciprocal tariffs on 75 countries, excluding China and those that have not retaliated against the U.S., will be postponed for 90 days and the basic tariff rates will be lowered. Secondary batteries are considered one of the industries affected by U.S. tariff impositions.
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