By Jihoon Lee
SEOUL (Reuters) – South Korea’s appearing president Choi Sang-mok stated on Tuesday he hoped for bilateral relations with the USA to develop extra reciprocally beneath the Trump administration.
“The federal government will attempt to additional strengthen coverage cooperation with the USA and promote mutual pursuits primarily based on the shared worth of the Korea-U.S. alliance,” Choi stated, citing its slogan of “We Go Collectively”.
Choi, who has been serving as appearing president since late December, stated he would search to have a cellphone name with U.S. President Donald Trump on the earliest time potential, hours after Trump was sworn in for his second time period because the forty seventh president of the USA.
Choi additionally stated the federal government would assessment response measures to Trump’s proposed insurance policies, notably on tariffs and electrical autos, that are anticipated to have an effect on the South Korean financial system each instantly and not directly.
In 2024, Asia’s fourth-largest financial system earned a record-high surplus of $55.7 billion in commerce with the U.S., up 25.4% from 2023, elevating worries that Trump would possibly search commerce curbs in opposition to South Korea.