Deputy Prime Minister and Finance and Economy Minister Lee Hyoung-il said the government will act to prevent excessive volatility in domestic financial markets after Wall Street tumbled on concerns over tighter regulation of the artificial intelligence industry, speaking while chairing the 276th External Economic Ministers' Meeting at the Government Complex Seoul on the 6th. Market participants are watching whether authorities will roll out strong stabilization measures, including activating the stock market stabilization fund and imposing a temporary ban on short selling. Lee said relevant agencies will preemptively devise and implement necessary measures so the stock market does not react excessively relative to fundamentals, and he described the U.S. midterm elections as a significant turning point for the global economic and trade environment, warning that the shock from tighter AI industry regulation could spread to financial markets in other countries while stressing that experts expect AI investment expansion to continue and that South Korea's fundamentals remain solid. The government plans to review the impact of U.S. policy changes on domestic companies, examining administrative-level trade measures such as tariffs and export controls as well as industrial support policies requiring legislation and budget review by Congress, and will focus on stable implementation of the existing Korea-U.S. trade agreement while strengthening communication with the U.S. administration, Congress and state governments and identifying cooperation opportunities in strategic industries such as shipbuilding and energy. Lee gave a positive assessment of recent export strength but stressed the need to prepare for changes in the external environment, noting cumulative exports for January through October this year totaled $930 billion and