DPK leader proposes trade committee to prepare for Trump tariffs

Dpk Leader Proposes Trade Committee To Prepare For Trump Tariffs

Lee Jae-myung, leader of the Democratic Party of Korea, speaks during a policy dabate at he National Assembly in Seoul, Jan. 3. Yonhap

Lee Jae-myung, chief of the Democratic Social gathering of Korea, speaks throughout a coverage dabate at he Nationwide Meeting in Seoul, Jan. 3. Yonhap

Opposition chief Lee Jae-myung on Monday prompt making a parliamentary particular committee to deal with U.S. President Donald Trump’s sweeping tariff plan amid issues over a world commerce struggle.

Lee of the primary opposition Democratic Social gathering made the comment throughout his celebration’s Supreme Council assembly, noting Trump’s announcement of a levy of 25 p.c on Canadian and Mexican imports and an extra 10 p.c on items from China.

„It’s a direct blow to our corporations which have factories in these international locations,“ Lee mentioned. „We have to discover a means that advantages our corporations and nationwide pursuits.“

Lee then urged bipartisan assist from the ruling Folks Energy Social gathering (PPP) in „the face of a nationwide disaster.“

The PPP emphasised the necessity for prior session between the celebration and the federal government, saying Lee’s proposal is „out of the blue.“

„It’s absurd to repeatedly throw out such proposals with none prior session after which calling for bipartisan cooperation,“ PPP spokesperson Shin Dong-wook advised reporters after a celebration assembly.

Shin, nonetheless, agreed on the necessity to cope with Trump’s tariff plan by consultations with the federal government, saying the Trump administration has launched a commerce struggle. (Yonhap)

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