Korean Business Leaders Fear Political Crisis Will Increase Trump Risk

If Trump wants to increase tariffs on South Korea I don’t think it really matters who the leader is:

Korea’s ongoing leadership crisis, triggered by President Yoon Suk Yeol’s attempt to impose martial law, is feared to leave the country vulnerable to potential new tariffs from the incoming Donald Trump administration during upcoming trade and economic negotiations, industry officials said Sunday.

Yoon is suspended from his duties following the National Assembly’s vote on Saturday to impeach him over his short-lived imposition of martial law on Dec. 3. Prime Minister Han Duck-soo has stepped in as acting president.

Officials from the nation’s business community expressed concerns that Korea may have weaker negotiating power under the presidency of the interim head of state.

“Every nation engages in a tight tug-of-war with the United States to minimize any damages from the ultra-protectionist stance of Trump,” an official from a major manufacturing firm here said.

“But it becomes harder for Korea to do so on an equal footing due to the absence of the state leader.”

Korea Times

You can read more at the link.

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152 G
152 G
30 days ago

The sky’s the limit, ROK is now a vassal state of red China.

setnaffa
setnaffa
30 days ago

South Korea’s attitude toward America will determine the tariff rates. So it’s going to be self-inflicted.

ChickenHead
ChickenHead
30 days ago

Setnaffa is going to take the Truer Words Were Never Spoken on ROK Drop crown away from GrayBlack.

Korea Man, if you ever want to take a shot at it, I have some scopolamine, 3-quinuclidinyl benzilate, midazolam, flunitrazepam, sodium thiopental, and amobarbital you use as performance enhancers.

setnaffa
setnaffa
30 days ago

C’mon, CH… a board inclined at 30 degrees, a wet towel, a water hose with a minimal flow, and comfortable restraints can get the truth a lot faster. And no chance of infection from dirty needles.

That SERE training the USAF provided probably taught me a lot of things I’ll never get to use. I listened even more intently to the instructors after that lesson.

I have noticed a lot of stories online about how utterly immoral it is; but the same voices don’t raise even a whisper against murder, rape, mutilation, and worse done by the enemies of the West, so I write them off as shills for communism (with or without a fake veneer of Islam, as in Yasser Arafat, Muammar Gaddafi, Sadaam Hussein, or any of the Assad family).

GrayBlack
GrayBlack
30 days ago

Koreans are really good at skirting if not outright breaking laws and generally getting away with it. The American labor laws and regulations are highly constrictive, almost impossible to do business in industries that are going to require an all male, all intelligent, workforce. For that reason the US can’t build semiconductors or their factories. The US can’t even staff the factories after they’ve been built. The result is that Korean and Taiwanese factories are having to import their own people to work in the facilities they built in America, even the janitors, and operate them counter to American law. The US turns a blind eye to this reality because of strategic need. Unless America unfucks its legal and regulatory environment, going to be reliant on the good will of those countries to continue to cooperate. In the short term, unlikely to try to overly harm SK’s economy.

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