Trump 1st Anniversary

"Despite the unpredictability displayed by the second Donald Trump administration after its re-inauguration, it is impressive that the progressive Lee Jaemyung government has been able to 'play ball'?that is, negotiate in alignment with Trump." Andrew Yeo, Korea Chair at the Washington, D.C.-based think tank Brookings Institution (pictured), said in an interview with this publication on January 20 (local time), marking the first anniversary of the second Trump administration, "The Korean government understood exactly what President Donald Trump wanted and provided the elements he values, such as investment, defense spending, and personal praise," evaluating the situation as such. He pointed out that this is in stark contrast to the concerns raised by the U.S. government at the beginning of the Lee Jaemyung administration. In June of last year, the White House issued a statement after President Lee, who advocated a 'pragmatic diplomacy' line between the U.S. and China, was elected, dire

During the first year of President Donald Trump's return to office, the wealth of the affluent, who benefited most from his policies, surged, while ordinary people faced greater hardship due to high inflation and the aftermath of tariff hikes, according to recent assessments. On January 20 (local time), international relief and development organization Oxfam released its annual inequality report, which found that by 2025, the combined wealth of the world's billionaires had increased by 16% to reach $18.3 trillion (approximately 27.076 quadrillion won). Notably, since President Trump’s victory in November 2024, the wealth of billionaires has grown three times faster than the average annual growth rate of the previous five years. The organization pointed out that this recent surge in wealth is closely linked to policies implemented during Trump’s second term, such as tax cuts, protection of multinational corporations, and the relaxation of antitrust oversight. Big Tech, Once Opposed to T

"Now, if you are holding a Korean passport in Georgia, it seems that even the Immigration and Customs Enforcement (ICE) will be more cautious. I believe that companies that have started investing in the United States should be provided with an environment where they can restart their business and focus on it." The 'large-scale detention of Koreans' incident that occurred in Georgia, United States, in September last year can be seen as a symbolic event in which our citizens directly experienced the anti-immigration stance during the first year of Donald Trump's second administration. It also exposed the vulnerability of the South Korea-U.S. alliance. Now, 139 days later, Jaecheon Kim, Chairman of the Southeast United States-Korea Chamber of Commerce (SEUSKCC), told The Asia Business Daily in a written interview on the 20th that he expects this to become an opportunity to turn crisis into opportunity. 'America First' Policy and the Aftermath of TrumpChairman Kim said regarding the Georgi

'Tariffs, America First, Strong Executive.' Donald Trump, President of the United States, marks the first anniversary of his second inauguration on January 20 (local time). Armed with even greater momentum than during his first term, President Trump has issued nearly 220 executive orders?almost four times more than in his first term. He has taken the lead in implementing 'America First' through strict immigration enforcement and tariff barriers. He has also attempted to oust Venezuelan President Nicolas Maduro and proposed incorporating Greenland into the United States. The upcoming midterm elections in November are expected to serve as a referendum on the first year of 'Donald Trump’s Second Term.' Contrary to his intentions, his approval rating remains around 40% at best. President Trump has countered this by claiming, "My real approval rating is 60%," and has vowed to tighten his grip even further in the coming year. He is especially expected to double down on immigration policies t