Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Investing

South Korea acting president hopes for reciprocal ties with Trump administration

By Jihoon Lee

SEOUL (Reuters) – South Korea’s acting president Choi Sang-mok said on Tuesday he hoped for bilateral relations with the United States to develop more reciprocally under the Trump administration.

“The government will strive to further strengthen policy cooperation with the United States and promote mutual interests based on the shared value of the Korea-U.S. alliance,” Choi said, citing its slogan of “We Go Together”.

Choi, who has been serving as acting president since late December, said he would seek to have a phone call with U.S. President Donald Trump at the earliest time possible, hours after Trump was sworn in for his second term as the 47th president of the United States.

Choi also said the government would review response measures to Trump’s proposed policies, particularly on tariffs and electric vehicles, which are expected to affect the South Korean economy both directly and indirectly.

In 2024, Asia’s fourth-largest economy earned a record-high surplus of $55.7 billion in trade with the U.S., up 25.4% from 2023, raising worries that Trump might seek trade curbs against South Korea.

This post appeared first on investing.com
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    The Gateway Pundit, a far-right website, published a note from its editor on Saturday acknowledging that two election workers in Georgia did not engage...

    Latest News

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    JAKARTA (Reuters) -Indonesia has asked Alphabet (NASDAQ:GOOGL)’s Google and Apple (NASDAQ:AAPL) to block Chinese fast fashion e-commerce firm Temu in their application stores in...

    Latest News

    New majorities in Congress, particularly when the incoming party has a new leader, offer the rare chance for the institution to take a breath...



    Disclaimer: alivebusinessplan.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 alivebusinessplan.com