Focus on Headline 03/05/2025

1. The South Korean government announced Wednesday its plan to create a fund worth 50 trillion-won, or roughly 34-point-4 billion U.S. dollars, to support the semiconductor, rechargeable battery, bio, artificial intelligence and other advanced industries as part of efforts to bolster South Korea's industrial competitiveness.

2. The Unification Ministry said Wednesday that South Korea's humanitarian assistance to North Korea reached zero last year for the first time in nearly 30 years, amid Pyongyang's continued antagonistic stance toward Seoul.

3. U.S. President Donald Trump claimed on Tuesday that South Korea's average tariff is four times higher than the United States' tariff although America has helped the Asian ally militarily and in "so many other ways."