S. Korea Bets on Trump Becoming Rational on Trade If Elected
- Finance Minister Yoo believes Trump would change if in office
- Fed rate rises, China hard landing also threats to Korea: Yoo
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South Korea is betting that Donald Trump, the presidential candidate, will be different from the Donald Trump that may be the next U.S. president.
Yoo Il-ho, finance minister of Asia’s fourth-largest economy, said while a Trump presidency is not what’s suggested by current polls, Trump is unlikely to carry out all of his campaign pledges, which include renegotiating the 2012 U.S.-South Korea free-trade agreement. If he takes office, the Republican candidate will face realities that he cannot be aware of now, Yoo said.