President Yoon Suk Yeol delivers a speech throughout a press convention on the presidential workplace in Yonsan, central Seoul, Thursday. (Yonhap)
President Yoon Suk Yeol will convene an emergency financial and safety assembly Sunday to debate the attainable affect of former US President Donald Trump’s return to workplace, Yoon’s workplace mentioned Friday.
The assembly will give attention to monitoring potential coverage shifts underneath the Trump administration and making ready proactive response measures, the workplace mentioned.
Ministers of economic system, international affairs, protection and commerce together with senior presidential aides will attend the assembly.
A second Donald Trump administration is predicted to convey shifts and unpredictability to the U.S.-South Korea alliance, doubtlessly growing strain on Seoul to tackle a bigger share of the burden as a US ally.
Korean companies are intently watching the opportunity of Trump lowering or eliminating subsidies on chips, electrical autos and clear vitality given underneath the CHIPS and Science Act and the Inflation Discount Act, and imposing tariffs on international items. (Yonhap)
