Biden vs Trump? "Whoever Wins, US Inflation Reduction Act Will Be Strengthened"

Rematch After 4 Years in November Presidential Election
"What We Need to Prepare For"

Yonse University Unification Research Institute senior research fellow Bong Young-sik said on the 6th, "Whether Biden or Trump is elected (as U.S. president), the U.S. First inflation reduction law (IRA) will continue to be maintained or strengthened." The Democratic and Republican parties in the U.S. entered the primary election voting on the 5th (local time), known as 'Super Tuesday.' Democratic President Joe Biden and former Republican President Donald Trump are expected to face off again in the November election after four years.

On the same day, Dr. Bong appeared on KBS Radio's 'Jeon Jong-cheol's Jeongyeok Sisa' and said, "No matter who is elected, the U.S. First IRA will continue to be maintained or strengthened," adding, "This is something we need to prepare for."

He also said that relations between North Korea and South Korea could change depending on the winner. Dr. Bong said, "If Biden succeeds in re-election, the various important security systems that the Yoon Seok-yeol administration agreed upon with the Biden administration will be maintained, so it will be fine." He continued, "If Trump is elected, the U.S. may actively negotiate to reflect our position. It is not necessarily bad if we receive more from the U.S. in return for what the U.S. gives to North Korea."

Regarding the possibility of changes in U.S.-China relations, he said, "Even if Biden succeeds in re-election, the U.S. will continue to pressure China in order to protect its national interests." He added, "The importance of South Korea is becoming significant to both the U.S. and China," and "South Korea will not necessarily be marginalized from the perspectives of China and the U.S., but rather will receive more love calls."

On the Taiwan issue, he explained, "If Trump is elected, both China and Taiwan will be cautious," adding, "Because the Trump administration is unpredictable, it will rather restrain its actions."

This content was produced with the assistance of AI translation services.