Last month, with Trump winning the US election, the "Trump effect" has become the main theme of the market, international oil prices and the RMB exchange rate have plummeted, and the expectation of tax increases has made some orders issued in advance, which has a certain impact on textile enterprises.

And as the time for Trump to take office in January next year continues to approach, the "Trump trade" has not only not eased, but has exploded in a more intense way.

South Korean President Yoon Seok-yuol issued an emergency statement at the presidential palace in Yongsan, Seoul, on the evening of 3, declaring emergency martial law. Yin Xiyue said the move was to root out "forces from the north" and maintain "liberal constitutional order."

After the martial law was declared, South Korea's largest opposition party, the Democratic Party of Korea, summoned lawmakers to the National Assembly to discuss countermeasures.

From the night to the early morning of the next day, Xinhua News Agency reporters saw at the scene that a large number of South Korean citizens gathered outside the key location where the National Assembly decided the direction of the incident, and a large number of police cars surrounded the National Assembly. This sudden martial law, so that Seoul this night is destined to be a sleepless night.

The situation changed rapidly: at midnight on the 4th, martial law troops began to enter the Parliament; At around 022 hours, martial law troops sealed off the gates of Parliament and began to erect barricades. Ordinary vehicles were not allowed to pass, and teams of police entered the scene to maintain order.

In the early morning of the 4th, the South Korean National Assembly held a meeting and passed a resolution calling for the lifting of martial law. The office of the National Assembly Speaker said that with the passage of the resolution, the emergency martial law is invalid.

This time, the martial law in South Korea is a big thunder, little rain, and did not cause more serious consequences, but it also shows that after the Republican Party is confirmed to be in power, many political forces that used to support the Democratic Party are likely to change their policies, resulting in instability. The consequences of today's turmoil in South Korea are relatively less serious, but this may be just the beginning, and the probability of textile foreign trade encountering a black swan event has increased significantly.

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