Nothing surprising appears to have come out of the first Korean Presidential debate; Lee Jae-myung thinks orange man is bad and Korea shouldn’t be in a hurry to make a trade deal while Kim Moon-soo says holding an immediate summit with Trump would be a top priority:
The specter of trade negotiations with the United States under President Donald Trump loomed large Sunday night as Korea’s presidential hopefuls offered sharply divergent strategies during their inaugural televised debate.
Lee Jae-myung, the Democratic Party of Korea (DPK) candidate, advocated for a measured, interest-driven path in dealing with Washington, while Kim Moon-soo of the People Power Party championed a rapid, trust-based summit approach.
Lee said there was “no need to rush” into an agreement.
“The foremost principle in trade negotiations is to prioritize the national interest,” he said. “We shouldn’t feel compelled to concede just because the United States makes demands.”
He stressed the value of strategic patience, pointing to Japan and China as examples of countries that have successfully employed this approach.
“Japan, which initially demanded early negotiations, has taken a step back. China also set strong conditions before ultimately adjusting its position. We need to navigate this wisely, too,” he said.
Lee added that Korea should seize the moment to pivot away from export dependency and steadily increase domestic demand.
Korea Times
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