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On August 24, the South Korean KOSPI index opened down 50.77 points, a decrease of 0.73%, at 6862.18 points. SK Hynix rose nearly 3%, while Samsung Electronics fell 4%. The Nikkei 225 index opened down 153.79 points, a decrease of 0.23%, at 65862.57 points.

On August 24, the South Korean KOSPI index opened down 50.77 points, a decrease of 0.73%, reporting at 6862.18 points. SK Hynix rose nearly 3%, while Samsung Electronics fell 4%. The Nikkei 225 index opened down 153.79 points, a decrease of 0.23%, reporting at 65862.57 points.

On August 24, The New York Times reported on August 23 that recent economic and trade policies from Trump are raising concerns among some Republicans. With the US midterm elections approaching, consumer prices and living costs have become key issues for voters, prompting some Republican lawmakers to distance themselves from certain economic policies of Trump. Republican Congresswoman and Iowa Senate candidate Ashley Hinson reiterated her opposition to Trump's recent announcement to reduce beef import tariffs by up to 300,000 tons within the next 90 days, stating that this move could harm the interests of domestic ranchers. Iowa Senator Chuck Grassley and two Nebraska Senators also expressed their opposition to the reduction of beef import tariffs. Montana Senator Tim Sheehy indicated that he has been advising Trump against this measure for the past year. Meanwhile, following the breakdown of trade negotiations between the US and Canada, the Trump administration imposed a 50% tariff on certain Canadian goods, further raising concerns within the Republican Party. Maine Republican Senator Susan Collins urged Trump to rescind the tariffs, arguing that they would ultimately increase costs for local families and businesses. Former Vice President Mike Pence also warned that the US does not need to engage in a trade war with Canada at this time. Texas Governor Greg Abbott avoided directly commenting on Trump's economic performance, stating only that the American public hopes for lower prices and believes Trump is working toward that goal. Tim Scott, head of the Senate Republican campaign committee, also did not directly respond when asked if tariffs would raise household costs, instead emphasizing the policy differences between Republicans and Democrats. The report noted that as the economy, prices, and Trump's economic policies become significant issues in the 2026 midterm elections, Republican candidates in swing states like Iowa and Maine are facing greater political pressure. Some Republicans are trying to strike a balance between supporting Trump and addressing local voters' concerns about high prices and trade policies.