According to CoinMeta, President Trump recently ordered a significant reduction in joint military exercises between the United States and South Korea, citing cost concerns, and pointed out that this move is related to his good relations with North Korean leader Kim Jong-un. Trump stated on social media that these exercises are costly, primarily borne by the United States, and that they send inappropriate and hostile signals to North Korea. He noted that it is now too late to cancel the exercises, so he has instructed Defense Secretary Hicks to significantly reduce their scale. This move comes amid intensified tensions between the United States and Iran, with oil tanker traffic through the Strait of Hormuz having been suspended for several weeks. Trump said that reducing military exercises in the Korean Peninsula is in line with his strategy of shifting resources and political capital towards the confrontation with Iran. The market expects that the Pentagon will provide further details regarding the scope and timing of these reductions.