South Korean Acting President: "Strengthening the Korea-US Alliance is a Wise Tariff Solution"
Han Duck-soo, Acting President and Prime Minister, argued that the issue of the United States' reciprocal tariffs should be resolved through strengthening the alliance.
Acting President and Prime Minister Han Duck-soo is speaking at the Cabinet meeting held at the Government Seoul Office. Photo by Yonhap News
View original imageOn the 9th, Han posted on social media (SNS), stating, "While some countries respond harshly with retaliatory tariffs, elevating the Korea-US alliance to a security and economic alliance is a wiser solution." He added, "In game theory, if individual players repeatedly make selfish choices, they may seem to benefit in the short term, but ultimately everyone tends to suffer."
He continued, "The best way to solve the problem is to calmly communicate with the other party and persistently seek a path that guarantees mutual benefits," and said, "Some say 'global free trade is dead,' but I do not think so."
Han said, "My CNN interview and the phone call with President Donald Trump overlapped, so I ate kimbap with officials in the office while reviewing and preparing our points. Fortunately, both the interview and the summit call received positive responses from the other side," adding, "I will devote all my efforts to the long and difficult negotiations ahead."
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "While Others Rest"...3 Million May Have to Work on the Alternative Public Holiday
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Han conducted an interview with CNN from 4 p.m. the previous day, followed by a phone call with U.S. President Donald Trump for about 30 minutes starting at 9 p.m.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.