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US and South Korea Announce Economic Security Agreement: Involves Massive Investment, Tariff Reduction, and Defense Expansion
BlockBeats News, November 14th, the United States and South Korea announced a comprehensive economic and security agreement, outlining South Korea's multi-billion dollar investment plan and major tariff reductions by the United States, as well as expanded defense cooperation. According to the White House, Washington has approved South Korea's $150 billion investment in the U.S. shipbuilding industry. Additionally, under a new Memorandum of Understanding, South Korea has committed to a total of $200 billion in "strategic investments." In a significant military shift, the United States has authorized South Korea to build nuclear-powered attack submarines, while South Korea has pledged to purchase $25 billion in U.S. military equipment by 2030 and has announced plans to "expeditiously" increase defense spending to 3.5% of GDP. South Korea has also committed to providing comprehensive support totaling $33 billion to the U.S. troops stationed in Korea within its domestic legal framework. On the trade front, the United States will reduce the 232 tariffs on South Korean automobiles, auto parts, lumber, and wood products to 15%, and plans to impose no more than a 15% 232 tariff on drugs from South Korea. Meanwhile, South Korea has committed to lifting the import quantity restriction of 50,000 unmodified U.S. vehicles and has agreed to cooperate with the U.S. to address non-tariff barriers affecting food and agricultural trade. (FXStreet)
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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