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South Korean President Yoon Seok-yue Meets with Former President Park Geun-hye: What Does It Mean for His Popularity?

South Korean President Yoon Seok-yue, who is playing confrontation with China, has been in a long-term slump in popularity. Seeing that, he was a little panicked and asked former President Park Geun-hye for advice.

The South Korean Presidential Office stated that Yoon Seok-yue invited former President Park Geun-hye to have lunch at the official residence in Hannam-dong, Seoul on December 29. According to reports, this is the third meeting between Yoon Seok-yue and Park Geun-hye this year, and the third consecutive month that the two have met.

South Korean Presidential Office spokesperson Kim Soo-kyeong said on the 29th, “Today from 12 noon to 2:20 pm, Yoon Seok-yue had lunch with former President Park Geun-hye at the presidential residence. The president’s wife Kim Gun-hee also attended the same day.” At the luncheon, Yoon Seok-yue Asked about Park Geun-hye’s health condition and expressed the hope that Park Geun-hye could come to Seoul often.

South Korean President Yoon Seok-yue invited former President Park Geun-hye to have lunch at her official residence in Hannam-dong.

Former South Korean President Park Geun-hye was handed down a final verdict on January 14, 2021, and was sentenced to 20 years in prison. However, less than a year later, Park Geun-hye received an amnesty from the then President of South Korea, Moon Jae-in. He was officially released from prison on March 24, 2022, and even participated in the presidential inauguration ceremony of Yin Xiyue held not long ago.

Although Park Geun-hye committed as many as 13 crimes such as abuse of power, coercion, and leaking secrets, and suffered a lot after 2017, she was free by 2022.

After Yin Xiyue was elected president, he visited Park Geun-hye at her private residence in April 2022.

Yin Xiyue intends to rebuild relations with Park Geun-hye.

In fact, there is nothing special about the president’s visit to the former president. The problem is that Yoon Seok-yue once served as the director of the Seoul Central District Prosecutor’s Office. It was Yoon Seok-yue who sent Park Geun-hye to prison back then! You can imagine how awkward this meeting was. In order to ease the awkward atmosphere, Yin Xiyue directly apologized when we first met, saying that I was also very embarrassed when I arrested you.

Yin Xiyue’s arrest of Park Geun-hye and his subsequent falling out with Moon Jae-in gave Yin Xiyue a high political reputation, just like Bao Qingtian, and he was also given a nickname: the man who specializes in having trouble with the president.

All this is over. Yin Xiyue has met Park Geun-hye for the third time this year. The first meeting this year was at the memorial ceremony for the 44th anniversary of the death of former President Park Chung-hee held at the National Kyungchungwon in Seoul on October 26.

The second time was on November 7, when Yoon Seok-yue visited former President Park Geun-hye’s private residence in Daegu City. Therefore, some analysts believe that Yoon Seok-yue met with Park Geun-hye for three consecutive months in order to “unify the conservative camp” to boost his own popularity and gain support for his party in the general election.

In April 2024, South Korea will hold the 22nd parliamentary election. According to previous reports from Yonhap News Agency, Lee Jun-suk, the former leader of South Korea’s ruling National Power Party, announced on December 27 that he would quit the party and establish a new party. Lee Jun-seok has previously stated that he plans to leave the party and form a new party. Some media believe that this will not only have an impact on the National Power Party, but will also have a greater impact on the direction and results of the election.

According to Yonhap News Agency, according to a survey released by the South Korean polling agency Realmeter on the 25th, Yin Xiyue’s positive review rate for his policies was 36.3%, which was the same as the previous survey and remained at a low level; the negative review rate dropped by 0.4 percentage points from the previous survey. is 60.8%.

Park Geun-hye had very friendly relations with China when she was in office. What Yin Xiyue can learn is to improve relations with China.

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Former U.S. President Trump provoked the U.S.-China trade war during his term and called himself the “Tariff Man.” He said that if he wins the election next year, in addition to imposing import and investment restrictions and other tough measures on mainland China, he will also impose taxes on all imported goods. “Comprehensive basic tariff” with a tax rate of 10%.

Former US President Trump participated in the rally.

The New York Times reported that if Trump wins the White House again, Lai Haizhe, who served as U.S. Trade Representative during Trump’s term, may once again play an important role in decoupling U.S.-China trade through expansion of import tariffs and other restrictive measures, such as banning U.S. People are going to China to invest, and a comprehensive ban on the import of Chinese goods in important items such as electronic products, steel, and pharmaceuticals has gradually been reached.

Former U.S. Trade Representative Lai Haizhe.

The Wall Street Journal reported that Trump plans to revoke China’s most-favored-nation trade status, which will automatically increase tariffs on Chinese imports.

Trump has recently threatened to impose tough penalties on Beijing and all countries that “aggress against us” during his campaign. The exchange of goods and services between the United States and China last year was approximately US$758 billion, but Trump declared that through bold reforms, he would “completely eliminate dependence on China” in all key areas. Trump plans to impose billions of dollars worth of tariffs on China.

Trump is not only targeting China. One of his most influential trade policies is to impose basic tariffs on all imported goods, which may affect toys, industrial raw materials and even aircraft parts. In an interview in August, he claimed that the tax rate could be set as 10%, but other specific details are unclear, such as whether it applies to partners that have signed free trade agreements with the United States, and whether congressional authorization is required.

Trump also threatened to implement “tariffs for tariffs” on trading partners with higher tariffs. He set the tone of the relevant economic and trade policies as “comprehensive tax and trade policy renovation that is beneficial to the United States”, aiming to eliminate the trade deficit and promote manufacturing.

This has drawn criticism from traditional trade experts. Price, the White House international economic adviser under former President Bush, said Trump’s plan is “illogical and unreasonable” and that American consumers and manufacturers will suffer the consequences. He said that the United States will also offend its allies. When Trump imposed tariffs on allies during his term, Japan, South Korea and other countries thought that Trump would soon regain his sense and did not retaliate against U.S. exports, but this time they will not Have longing.

Many studies have pointed out that the tariff measures during Trump’s term have done more harm than good to the United States. Lai Haizhe said that scholars who support free trade are biased against Trump’s policies. Inflation has been stable during Trump’s term. Now the priority should be to create opportunities for the United States. More manufacturing job openings that don’t require a college degree.

Manak, a researcher at the Council on Foreign Relations, a think tank in Washington, said that if Trump backtracks, he may not be able to fully fulfill his tariff commitments. Large increases in basic tariffs will drive up inflation and will be difficult to fully implement. The Tax Foundation, a pro-business research organization in the United States, estimates that 10% tariffs will cost American consumers and businesses $300 billion, reduce the U.S. economy by 0.5%, and kill more than 500,000 jobs.

The truth is that the trade war will indeed harm consumers and importers, but as long as voters believe that the trade war is good for the United States, Trump will ignore you and will still do it.

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2023-12-30 02:21:04

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