Divya Delhi: The U.S. tariffs under Trump and the political turbulence produced by South Korea's suspended President Yoon Suk Yeol's martial law won't affect South Korea's sovereign credit rating, say global credit rating organizations. According to South Korea's Ministry of Economy and Finance, this evaluation followed discussions between Choi Jong-ku, South Korea's ambassador for international financial cooperation, and officials from key agencies like Moody's, Fitch, and Standard & Poor's in Hong Kong and Singapore last week. Choi said South Korea's political concerns were settled legally, unlike other nations that had credit downgrades. The agencies noted that the U.S. tariffs and requests for greater defense contributions may impact South Korea's economy, but not enough to alter its credit rating. President Yoon's December martial law declaration caused political upheaval and impacted the stock and forex markets. The National Assembly voted to impeach Yoon, pending a verdict from the Constitutional Court. Choi also conducted an investor conference in Singapore to reassure large investment corporations like BlackRock and Pimco about South Korea’s solid economy, despite the political uncertainty. He plans to meet with investors in New York and London in the coming weeks. Earlier this month, Fitch confirmed South Korea's "AA-" sovereign rating with a stable outlook.