South Korean President Yoon Suk Yeol has spoken with Donald Trump and congratulated him on winning the US presidency on the “Make America Great Again” slogan as officials in Seoul worked to prepare for “significant” economic changes, Reuters.
Yoon and Trump held a 12-minute phone call and discussed the close security and economic ties of their two countries across all areas, a senior South Korean official said.
South Korea’s ambassador to the United States will also visit Trump’s Mar-a-Lago home in Florida to meet with members of the president-elect’s camp, Yonhap news agency reported, citing diplomatic sources.
South Korean officials worked past midnight on Wednesday to prepare for changes expected from US policies, with the Bank of Korea and think tanks seeing a potential hit to exports if the US hikes tariffs.
Meetings at the trade ministry that began in the hours after Trump’s victory led to back-to-back discussions earlier today as South Korea’s economic chiefs weighed the impact on exports of tariff levels floated by Trump ahead of the election.
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