Tag: South Korea

Maybe these Korean firms need to be lobbying the Mexican government to start cracking down on fentynal smuggling and human trafficking along the border to get these tarriffs removed:

South Korea’s economy has come under direct impact as US President Donald Trump signed an executive order on Saturday imposing tariffs on Mexico, Canada and China, raising concerns about a prolonged global trade war.

Industry experts warned on Sunday that Korea, heavily dependent on exports, could face significant setbacks if Trump’s tariff war escalates. Major companies, including Samsung Electronics, have manufacturing plants in Mexico and additional trade restrictions could disrupt their supply chains and profitability.

Korean firms strategically expanded their production bases in Mexico after the first round of US trade sanctions against China under the previous Trump administration. Electronics giants such as Samsung and LG, as well as automaker Hyundai Motor Group, bolstered their investments, either expanding existing facilities or establishing new ones.

As a result, Korea’s investment in Mexico surged from $11 million in 2020 to $396 million in 2022.

Korea Herald

You can read more at the link.

It looks like South Korea has found another potential defense export market:

Acting Defense Minister Kim Seon-ho and Estonian Defense Minister Hanno Pevkur discussed ways to strengthen bilateral cooperation in the defense sector and the arms industry Monday, according to the defense ministry.

In the talks held in Seoul, Kim noted that the two countries’ cooperation in the cybersecurity sector has been advancing and suggested expanding such ties to other areas, according to the defense ministry.

Kim also briefed Pevkur on South Korean weapons systems, including the K9 self-propelled howitzer that Estonia has acquired.

Korea Times

You can read more at the link, but at this point the Korean defense industry should send Putin a gift basket because all of this aggression towards his neighbors has been a boon for weapons sales.

The CIO is making themselves look ridiculous at this point. Yoon has told them repeatedly that he is exercising his right to remain silent and yet they are playing this hide and seek game with him:

Oh Dong-woon, chief of the Corruption Investigation Office for High-ranking Officials, speaks to reporters as he arrives for work at the office in Gwacheon, just south of Seoul, on Jan. 22, 2025. (Yonhap)

Investigators failed Wednesday at their third attempt to forcibly bring in President Yoon Suk Yeol for questioning over his botched martial law bid. (……)

Prosecutors and investigators with the Corruption Investigation Office for High-ranking Officials (CIO) visited the Seoul Detention Center in Uiwang, south of Seoul, to question Yoon over his Dec. 3 declaration of martial law, but the president refused all forms of interrogation, including on-site.

“We plan to discuss and decide the next steps in the questioning and procedures,” the CIO said in a notice to the press.

The investigators withdrew after five hours while Yoon met with his legal team.

Yonhap

So basically when the CIO shows up Yoon has meetings with his lawyers or he is attending his impeachment trial or going to the hospital:

Investigators went to the detention center on Monday and Tuesday to forcibly bring him in but withdrew both times after Yoon’s side refused to cooperate.

Under human rights protection regulations, investigators cannot question a suspect without his or her consent after 9 p.m.

Yoon returned to the detention center past that time on Tuesday after attending his impeachment trial at the Constitutional Court and stopping at a military hospital to get a health exam.

“It kind of turned out like a game of hide-and-seek,” Oh said when asked if he was aware of Yoon’s plans to visit the hospital. “(The investigators) waited at the detention center because it didn’t seem right from the perspective of human rights to go looking for him at the hospital.”

So why is the CIO continuing to play this hide and seek game with someone exercising their right to remain silent?

If Yoon’s failed martial law attempt achieved anything, it reminded the Korean public of the DPK’s obstructionism, ties to North Korea, and appeasement of China which must be what is causing them to slide in these public opinion surveys:

In this file photo, Kwon Young-se (R, front), chief of the ruling People Power Party’s emergency leadership committee, shakes hands with Lee Jae-myung (L, front), leader of the main opposition Democratic Party, during a memorial service for late former National Assembly Speaker Kim Soo-han at the parliamentary building in Seoul on Jan. 3, 2025. (Yonhap)

 The approval rating for the ruling People Power Party (PPP) surpassed that of the main opposition Democratic Party (DP) without a margin of error for the first time in nearly six months, a poll showed Monday.

According to the survey by Realmeter on 1,004 people aged 18 and older conducted last Thursday and Friday, the approval rating for the PPP stood at 46.5 percent, while that of the DP stood at 39 percent. 

The poll has a margin of error of plus or minus 3.1 percentage points at a 95 percent confidence level.

The poll also showed that a gap between those who support the PPP for the next administration and a change in administration led by the DP has narrowed down to within the margin of error. 

According to the poll, 48.6 percent supported the PPP for the next administration, up 7.4 percentage points from the previous week.

Yonhap

Wouldn’t it be amazing if the DPK’s parliamentary obstruction that caused the martial law attempt leads to them losing the Presidential election if the Constitutional Court upholds Yoon’s impeachment?

The information operations to influence the Constitutional Court’s impeachment decision continues:

Impeached President Yoon Suk Yeol is taken to the Seoul Detention Center after being questioned over his short-lived imposition of martial law at the Corruption Investigation Office for High-ranking Officials in Gwacheon, just south of Seoul, on Jan. 15, 2025. (Pool photo) (Yonhap)

 Impeached President Yoon Suk Yeol was formally arrested early Sunday after a court issued a warrant to detain him for an extended period over his botched martial law bid last month, marking the first such detention of a sitting South Korean president in the country’s modern history.

Citing the risks of destroying evidence, a judge at the Seoul Western District Court granted the warrant on charges Yoon led an insurrection and abused his power when he declared martial law on Dec. 3 and allegedly sent troops to the National Assembly to stop lawmakers from voting down the decree.

With the warrant’s issuance, investigators can keep Yoon in custody for up to 20 days, including the days he has already spent at a detention center following his apprehension at his residence in Seoul on Wednesday.

Yonhap

You can read more at the link.

After this resignation Acting President Choi is calling for the National Assembly to pass a bill requesting an independent investigation of President Yoon. I highly doubt the DPK will agree to an independent investigation, but I guess we will see what happens:

South Korea’s acting leader on Friday accepted the resignation of the chief of the presidential security service, Park Jong-joon, as he faced police questioning over how his forces blocked law enforcement efforts to detain impeached President Yoon Suk Yeol last week. The acting leader, Deputy Prime Minister Choi Sang-mok, also expressed regret over the clashes between law enforcement officials and the presidential security service and called for lawmakers to reach a bipartisan agreement to launch an independent investigation.

The Corruption Investigation Office for High-Ranking Officials and police are planning a second attempt to bring Yoon into custody as they jointly investigate whether his brief martial law declaration on Dec. 3 amounted to an attempted rebellion. The presidential security service blocked an earlier attempt to detain Yoon at his official residence, which he has not left for weeks. It wasn’t immediately clear how Park’s resignation and Choi’s call for an independent investigation to take over the probe on Yoon would affect the push to bring Yoon into custody.

“The government has been deliberating to find a wise solution, but unfortunately, within our current legal framework, it’s difficult to find a clear resolution to end the conflict between the two agencies,” Choi said about the tensions between the anti-corruption office and presidential security service over Yoon’s potential detention. “We urge the ruling and opposition parties to work together to agree on a bill to launch a special prosecutor investigation that is free from constitutional issues. This will naturally resolve the ongoing intense standoff.

Stars & Stripes

You can read more at the link.