Lee Jae-myung's presidency in South Korea begins amid turbulent relations with the US, particularly following Trump's election. His immediate focus will be healing societal wounds left by Yoon Suk Yeol's tenure and addressing economic concerns. Rising protectionism and tariffs, specifically on steel and aluminum, pose significant threats to South Korea's economy, which is heavily reliant on exports. Lee's administration must quickly establish rapport with Trump while also managing relations with China, South Korea's largest trading partner, presenting a complex diplomatic task.
As he prepares to replace the now-disgraced Yoon, South Korea's new leader, Lee Jae-myung, will have to strike a very different note with Biden's successor in the White House.
Lee devoted a good chunk of his first speech... describing rising protectionism as a threat to our very survival.
President Lee will find himself with little to no time to spare before tackling the most important task of his early presidency: reaching a deal with Trump.
Restoring public confidence in post-Yoon democracy aside, other huge challenges await Lee, according to Kim Jun-seok.
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