South Korea's Democratic Party's presidential candidate Lee Jae-myung, gesturing as his supporters gather outside of the National Assembly in Seoul on June 4, 2025. - AP
SEOUL: The new South Korean administration will likely make efforts to buy time for US trade talks, as it studies the negotiations of bigger neighbours Japan and China for leverage, according to sources familiar with the ruling party's thinking.
President Lee Jae-myung, who took office hours after winning the Tuesday (June 3) snap presidential election without a usual two-month transition period, said on the eve of the elections that "the most pressing matter is trade negotiations with the United States."
