{"id":40944,"date":"2026-03-13T12:44:43","date_gmt":"2026-03-13T12:44:43","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%bd%94%eb%a9%94%eb%a5%b4%ec%b8%a0%eb%b0%a9%ed%81%ac%ec%9d%98-%ed%95%9c-%ec%95%a0%eb%84%90%eb%a6%ac%ec%8a%a4%ed%8a%b8%eb%8a%94-%eb%af%b8%ea%b5%ad%ec%9d%98-%ec%83%88%eb%a1%9c%ec%9a%b4-%eb%ac%b4\/"},"modified":"2026-03-13T12:44:43","modified_gmt":"2026-03-13T12:44:43","slug":"%ec%bd%94%eb%a9%94%eb%a5%b4%ec%b8%a0%eb%b0%a9%ed%81%ac%ec%9d%98-%ed%95%9c-%ec%95%a0%eb%84%90%eb%a6%ac%ec%8a%a4%ed%8a%b8%eb%8a%94-%eb%af%b8%ea%b5%ad%ec%9d%98-%ec%83%88%eb%a1%9c%ec%9a%b4-%eb%ac%b4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%bd%94%eb%a9%94%eb%a5%b4%ec%b8%a0%eb%b0%a9%ed%81%ac%ec%9d%98-%ed%95%9c-%ec%95%a0%eb%84%90%eb%a6%ac%ec%8a%a4%ed%8a%b8%eb%8a%94-%eb%af%b8%ea%b5%ad%ec%9d%98-%ec%83%88%eb%a1%9c%ec%9a%b4-%eb%ac%b4\/","title":{"rendered":"\ucf54\uba54\ub974\uce20\ubc29\ud06c\uc758 \ud55c \uc560\ub110\ub9ac\uc2a4\ud2b8\ub294 \ubbf8\uad6d\uc758 \uc0c8\ub85c\uc6b4 \ubb34\uc5ed\ubc95 301\uc870 \uc870\uc0ac\ub4e4\uc774 \ubb34\ud6a8\ud654\ub41c \uad00\uc138\ub97c \ub300\uccb4\ud558\uae30 \uc704\ud55c \uac83\uc774\uba70, \ubd88\ud655\uc2e4\uc131\uc744 \uc7a5\uae30\ud654\ud55c\ub2e4\uace0 \ub9d0\ud588\ub2e4."},"content":{"rendered":"\ubbf8\uad6d \uc815\ubd80\uac00 1974\ub144 \ubb34\uc5ed\ubc95(Trade Act of 1974) \uc544\ub798 **\u2018\uc139\uc158 301(Section 301)\u2019 \uc870\uc0ac** \ub450 \uac74\uc744 \uc2dc\uc791\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uac78\ud504(\ud398\ub974\uc2dc\uc544\ub9cc) \uc9c0\uc5ed\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc774 \ucee4\uc9c4 \ud750\ub984\uacfc \ud568\uaed8 \ub098\uc628 \uc870\uce58\uc774\uba70, \uba87 \uc8fc \uc804 **\u2018\uc139\uc158 122(Section 122) \uad00\uc138\u2019**\uac00 \ub3c4\uc785\ub41c \ub4a4\uc5d0 \uc774\uc5b4\uc9c4 \uac83\uc785\ub2c8\ub2e4.\n\n\uc139\uc158 122 \uad00\uc138\ub294 **IEEPA(International Emergency Economic Powers Act, \uad6d\uc81c\uae34\uae09\uacbd\uc81c\uad8c\ud55c\ubc95: \uad6d\uac00 \ube44\uc0c1\uc0c1\ud669\uc5d0\uc11c \uc815\ubd80\uac00 \uacbd\uc81c \uc870\uce58\ub97c \ucde8\ud560 \uc218 \uc788\uac8c \ud558\ub294 \ubc95)**\uc5d0 \ub530\ub978 \uad00\uc138\uac00 **\uc5f0\ubc29\ub300\ubc95\uc6d0(Supreme Court, \ubbf8\uad6d\uc758 \ucd5c\uace0 \ubc95\uc6d0)**\uc5d0\uc11c \ubb34\ud6a8\ub85c \ud310\ub2e8\ub41c \uc774\ud6c4 \uc0ac\uc6a9\ub410\uc2b5\ub2c8\ub2e4. \uc139\uc158 122 \uc870\uce58\ub3c4 \ubc95\uc801\uc73c\ub85c \ud655\uc2e4\ud558\uc9c0 \uc54a\uc740 \uc0c1\ud0dc\uc785\ub2c8\ub2e4.\n\n

\uc139\uc158 301 \uc77c\uc815\uacfc \uad00\uc138\uc758 \uc5f0\uc18d\uc131<\/h3>\n\uc139\uc158 122 \uad00\uc138\ub294 **150\uc77c** \ub3d9\uc548\ub9cc \uc801\uc6a9\ub418\uba70, \uc758\ud68c(Congress, \ubbf8\uad6d\uc758 \uc785\ubc95\uae30\uad00)\uac00 \uc5f0\uc7a5\ud558\uc9c0 \uc54a\uc73c\uba74 **7\uc6d4 27\uc77c**\uc5d0 \uc885\ub8cc\ub429\ub2c8\ub2e4. \uc758\ud68c \uc5f0\uc7a5\uc740 \uac00\ub2a5\uc131\uc774 \ub0ae\ub2e4\uace0 \uc5ec\uaca8\uc9d1\ub2c8\ub2e4. \uc139\uc158 301 \uc870\uc0ac\ub294 **7\uc6d4 27\uc77c \uc774\uc804**\uc5d0 \ub05d\ub098\ub3c4\ub85d \uc608\uc815\ub3fc \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc774 \uc77c\uc815\uc740 \uc0c8\ub85c\uc6b4 \uc139\uc158 301 \uc808\ucc28\uac00 \ud604\uc7ac\uc758 \uc139\uc158 122 \uad00\uc138\ub97c **\ub300\uccb4**\ud574 150\uc77c \ud55c\ub3c4\uac00 \ub05d\ub0a0 \ub54c \uad00\uc138\uac00 **\ub04a\uae30\uc9c0 \uc54a\uac8c \ud558\ub824\ub294 \ubaa9\uc801**\uc784\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4. \uc774\ub294 \uc5b4\ub5a4 \ud615\ud0dc\ub85c\ub4e0 \uad00\uc138\uac00 \uacc4\uc18d\ub420 \uac00\ub2a5\uc131\uacfc \ud568\uaed8 \ubb34\uc5ed\uc815\ucc45\uc758 \ubd88\ud655\uc2e4\uc131\uc774 \uc774\uc5b4\uc9c8 \uc218 \uc788\uc74c\uc744 \ub73b\ud558\uba70, \uc5f0\uc911 \uc911\ubc18 \ubb34\ub835 **\uc678\ud658 \ubcc0\ub3d9\uc131(\ud658\uc728\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)**\uc5d0 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n

7\uc6d4 \ub9c8\uac10 \uc2dc\ud55c \uc804\ud6c4\uc758 \uac70\ub798 \ubcc0\ub3d9\uc131<\/h3>\n\uc774\ucc98\ub7fc \uc77c\uc815\uc774 \ubd84\uba85\ud558\ubbc0\ub85c, \ubb34\uc5ed \ub274\uc2a4\uc5d0 \ubbfc\uac10\ud55c \ud1b5\ud654\uc30d(\ub450 \ud1b5\ud654\uc758 \ud658\uc728)\uc778 **\ubbf8 \ub2ec\ub7ec\/\uc911\uad6d \uc704\uc548\ud654(\uc5ed\uc678) (USD\/CNH)** \uac19\uc740 \uc885\ubaa9\uc5d0\uc11c **\ubcc0\ub3d9\uc131\uc744 \ub9e4\uc218**\ud558\ub294 \uc804\ub7b5\uc744 \uace0\ub824\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc5ec\uae30\uc11c \u2018\ubcc0\ub3d9\uc131 \ub9e4\uc218\u2019\ub294 \uac00\uaca9\uc758 \ubc29\ud5a5(\uc0c1\uc2b9\/\ud558\ub77d)\uc744 \ub9de\ud788\uae30\ubcf4\ub2e4 **\ud070 \uc6c0\uc9c1\uc784 \uc790\uccb4**\uc5d0 \ubca0\ud305\ud558\ub294 \ub73b\uc785\ub2c8\ub2e4. 7\uc6d4 \uc2dc\ud55c\uc774 \ub2e4\uac00\uc624\uba74, \uc774\ub7f0 \ud1b5\ud654\uc30d\uc758 **\uc635\uc158(\uc815\ud574\uc9c4 \ub0a0\uc9dc\uc5d0 \ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc73c\ub85c \uc0ac\uace0\ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility, \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\uc131)**\uc774 \ud604\uc7ac\uc758 \ub0ae\uc740 \uc218\uc900\uc5d0\uc11c \ud06c\uac8c \uc624\ub97c \uac00\ub2a5\uc131\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \ubc29\ud5a5\uacfc \ubb34\uad00\ud558\uac8c \ud070 \uac00\uaca9 \ubcc0\ud654\ub97c \ub178\ub9b4 \uae30\ud68c\uac00 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\ucd5c\uadfc \ub370\uc774\ud130\ub3c4 \uc774\ub7f0 \uad00\uc810\uc744 \ub4b7\ubc1b\uce68\ud569\ub2c8\ub2e4. **CBOE \uc704\uc548 \ubcc0\ub3d9\uc131 \uc9c0\uc218(VXCNH)**\ub294 \uc57d **6.2**\ub85c \uc5ec\ub7ec \ub2ec \uc0ac\uc774 \ub0ae\uc740 \uc218\uc900\uc5d0 \uba38\ubb3c\ub7ec \uc788\ub294\ub370, \uc774\ub294 2025\ub144 \ucd08 \ube44\uc2b7\ud55c \ubb34\uc5ed \uac08\ub4f1\uc5d0\uc11c **9.5 \uc774\uc0c1**\uae4c\uc9c0 \uc62c\ub77c\uac14\ub358 \uace0\uc810\uacfc \ub300\ube44\ub429\ub2c8\ub2e4. \ub610\ud55c \uc9c0\ub09c\uc8fc \ubc1c\ud45c\ub41c \ucd5c\uc2e0 \ubb34\uc5ed \uc9c0\ud45c\uc5d0 \ub530\ub974\uba74, \ubbf8\uad6d\uc758 \ub300\uc0c1 \uad6d\uac00\ub4e4\uacfc\uc758 **\ubb34\uc5ed\uc801\uc790(\uc218\uc785\uc774 \uc218\ucd9c\ubcf4\ub2e4 \ub9ce\uc740 \uc0c1\ud0dc)**\uac00 \uc9c0\ub09c \ubd84\uae30\uc5d0 \uc608\uc0c1\uacfc \ub2ec\ub9ac **4% \ud655\ub300**\ub3fc \uc815\uce58\uc801 \uc555\ubc15\uc744 \ud0a4\uc6b0\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc774 \ubb34\uc5ed \uac08\ub4f1 \uc7ac\uc810\ud654 \uc704\ud5d8\uc744 \uc544\uc9c1 \ucda9\ubd84\ud788 \ubc18\uc601\ud558\uc9c0 \uc54a\uc558\uc744 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4.\n\n2025\ub144 \uc2dc\uc810\uc5d0\uc11c \ub3cc\uc544\ubcf4\uba74, 2018~2019\ub144\uc5d0 \uac11\uc791\uc2a4\ub7ec\uc6b4 \uad00\uc138 \ubc1c\ud45c\uac00 \uc704\uc548\ud654\uc5d0 \ud06c\uace0 \uc9c0\uc18d\uc801\uc778 \ubcc0\ub3d9\uc744 \ub9cc\ub4e4\uc5c8\uc2b5\ub2c8\ub2e4. \ub2f9\uc2dc\uc5d0\ub294 \ud2b8\ub808\uc774\ub354\ub4e4\uc774 **\ud3ec\ud2b8\ud3f4\ub9ac\uc624(\uc5ec\ub7ec \uc790\uc0b0\uc744 \ubb36\uc5b4 \uc6b4\uc6a9\ud558\ub294 \ud22c\uc790 \uad6c\uc131)** \uc804\uccb4\ub97c \uc7ac\uc870\uc815\ud558\uba74\uc11c \ucd08\uae30 \ubc18\uc751\uc774 \ud06c\uac8c \ub098\ud0c0\ub098\uace4 \ud588\uc2b5\ub2c8\ub2e4. \uacfc\uac70 \uc0ac\ub840\ub294 2\ubd84\uae30\uc5d0\ub3c4 \ud5e4\ub4dc\ub77c\uc778\uc774 \uc810\uc810 \uac15\ud574\uc9c0\uace0, \uadf8\uc5d0 \ub530\ub77c \uc2dc\uc7a5 \ubc18\uc751\uc774 \ucee4\uc9c0\ub294 \ube44\uc2b7\ud55c \ud750\ub984\uc744 \uc608\uc0c1\ud558\uac8c \ud569\ub2c8\ub2e4.\n\n\uc774 \ubd88\ud655\uc2e4\uc131\uc740 \uc804 \uc138\uacc4 \ubb34\uc5ed \uc2ec\ub9ac\uc5d0 \ubbfc\uac10\ud55c **\ub300\ub9ac \ud1b5\ud654(proxy currencies, \uae00\ub85c\ubc8c \uad50\uc5ed \ubd84\uc704\uae30\ub97c \uac04\uc811\uc801\uc73c\ub85c \ubc18\uc601\ud574 \ud568\uaed8 \uc6c0\uc9c1\uc774\uae30 \uc26c\uc6b4 \ud1b5\ud654)**\ub85c\ub3c4 \ubc88\uc9c8 \uc218 \uc788\uc2b5\ub2c8\ub2e4. **\ud638\uc8fc\ub2ec\ub7ec**\uc640 **\ud55c\uad6d \uc6d0\ud654**\ub294 \ubbf8\u00b7\uc911 \ubb34\uc5ed \uad00\uacc4 \ubcc0\ud654\uc5d0 \uac15\ud558\uac8c \ubc18\uc751\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc544 \ubaa8\ub2c8\ud130\ub9c1\ud560 \ud544\uc694\uac00 \uc788\uc2b5\ub2c8\ub2e4. \ub610\ud55c **\ud30c\uc0dd\uc0c1\ud488(derivatives, \uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uacc4\uc57d)**\uc744 \uc774\uc6a9\ud574 \uc774\ub7ec\ud55c \ud1b5\ud654\ub97c **\ud5e4\uc9c0(hedge, \uc190\uc2e4 \uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4 \uac70\ub798)**\ud558\uac70\ub098 \uac70\ub798\ud558\ub294 \ubc29\uc2dd\ub3c4 \ubcf4\uc870 \uc804\ub7b5\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uac04\ub2e8\ud55c \ubc29\ubc95\uc73c\ub85c\ub294 7\uc6d4 \ub9d0 \uc2dc\ud55c \uc774\ud6c4\uc5d0 \ub9cc\uae30\uc778 USD\/CNH **\uc635\uc158 \uc2a4\ud2b8\ub7ad\uae00(strangle, \ud589\uc0ac\uac00\uac00 \uc11c\ub85c \ub2e4\ub978 \ucf5c\uacfc \ud48b\uc744 \ud568\uaed8 \ub9e4\uc218\ud574 \ud070 \ubcc0\ub3d9\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5)**\uc744 \ub9e4\uc218\ud558\ub294 \uc811\uadfc\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 **\uc678\uac00\uaca9(out-of-the-money, \uc9c0\uae08 \uac00\uaca9\uc73c\ub85c\ub294 \ubc14\ub85c \uc774\uc775\uc774 \ub098\uc9c0 \uc54a\ub294 \ud589\uc0ac\uac00\uc758 \uc635\uc158)** **\ucf5c \uc635\uc158(call, \uc624\ub97c \ub54c \uc774\uc775\uc774 \ub098\ub294 \ub9e4\uc218 \uad8c\ub9ac)**\uacfc **\ud48b \uc635\uc158(put, \ub0b4\ub9b4 \ub54c \uc774\uc775\uc774 \ub098\ub294 \ub9e4\ub3c4 \uad8c\ub9ac)**\uc744 \ud568\uaed8 \uc0ac\ub294 \ubc29\uc2dd\uc774\uba70, \ud658\uc728\uc774 \uc5b4\ub290 \ubc29\ud5a5\uc774\ub4e0 \ud06c\uac8c \uc6c0\uc9c1\uc774\uba74 \uc218\uc775 \uac00\ub2a5\uc131\uc774 \uc0dd\uae41\ub2c8\ub2e4. \ud604\uc7ac \ubcc0\ub3d9\uc131\uc774 \ub0ae\uc544 \uc635\uc158 \uac00\uaca9\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \uc800\ub834\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\ud604\uc7ac \uc2dc\uc7a5\uc774 \uac78\ud504 \uc9c0\uc5ed \uae34\uc7a5\uc5d0 \uc9d1\uc911\ud558\uace0 \uc788\uc5b4, \uad00\uc138 \uc774\uc288\uac00 \uc2dc\uc7a5\uc758 \uc911\uc2ec\uc73c\ub85c \ub5a0\uc624\ub974\uae30 \uc804\uc5d0 \ubbf8\ub9ac \ud3ec\uc9c0\uc158\uc744 \uc7a1\uc744 \uc5ec\uc9c0\uac00 \uc788\uc2b5\ub2c8\ub2e4. \ud575\uc2ec\uc740 \ud5a5\ud6c4 \uba87 \uc8fc \uc548\uc5d0 \uc6c0\uc9c1\uc5ec, \ubcc0\ub3d9\uc131\uc5d0 \ub300\ube44\ud55c \ube44\uc6a9(\ud5e4\uc9c0\ub098 \uac70\ub798 \ube44\uc6a9)\uc774 \ucee4\uc9c0\uae30 \uc804\uc5d0 \uc900\ube44\ud558\ub294 \uac83\uc785\ub2c8\ub2e4. **7\uc6d4 27\uc77c**\uc740 \uac70\ub798 \uc77c\uc815\uc5d0\uc11c \ubd84\uba85\ud55c \ucd09\ubc1c \uc694\uc778(\uac00\uaca9 \ubcc0\ud654\ub97c \uc720\ubc1c\ud560 \uac00\ub2a5\uc131\uc774 \ud070 \ub0a0\uc9dc)\uc73c\ub85c \ubcfc \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\n

VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c \uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

7\uc6d4 27\uc77c \u2018\uad00\uc138 \uc2dc\uacc4\u2019\uac00 \ub2e4\uc2dc \ub3c8\ub2e4: \ubbf8\uad6d\uc740 150\uc77c\uc9dc\ub9ac 122\uc870 \uad00\uc138 \ub9cc\ub8cc \uc804 301\uc870 \uc870\uc0ac\ub85c \uacf5\ubc31\uc744 \uba54\uc6b0\uba70, \ubb34\uc5ed \ubd88\ud655\uc2e4\uc131\uacfc \ud658\uc728 \ubcc0\ub3d9\uc131(USD\/CNH\u00b7\uc6d0\ud654\u00b7\ud638\uc8fc\ub2ec\ub7ec) \uae09\ub4f1\uc744 \uc608\uace0\ud55c\ub2e4. – vtmarkets.com<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-40944","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=40944"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40944\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}