Golden Gift: Lee Jae-myung's Gesture Catches Trump's Eye, Drawing International Attention
'Golden Gift': Lee Jae-myung's Gesture Catches Trump's Eye, Drawing International Attention
South Korean President Lee Jae-myung presented former U.S. President Donald Trump with a replica of the Golden Crown of Silla from the Cheonmachong tomb at the Gyeongju National Museum on October 29th, solidifying the friendship between the two nations. Analysts suggest the gift was carefully chosen to appeal to Trump's well-known fondness for gold, and international media outlets have shown great interest in the gesture. The Golden Crown of Silla, in particular, symbolizes the brilliant culture of the Silla kingdom. It is predicted that a gift imbued with such historical significance will positively impact US-Korea relations. This gift is seen as more than just a diplomatic gesture; it highlights Korea's cultural values to the U.S., demonstrating careful consideration of Trump's personal preferences. Some analysts suggest the effort to win favor with the U.S. through a relic representing Korea's history and culture is readily apparent.
On the same day, President Lee Jae-myung awarded Trump the Grand Order of Mugunghwa, emphasizing the importance of the relationship between the two countries. The Grand Order of Mugunghwa is the highest order of merit in South Korea, typically awarded to foreign heads of state, and is interpreted as a demonstration of special respect for Trump. Lee Jae-myung expressed his determination to reaffirm the strength of the US-Korea alliance and work to further develop the relationship between the two countries through the awarding of the medal. Trump also expressed his gratitude for being awarded the Grand Order of Mugunghwa and affirmed his commitment to strengthening the US-Korea alliance. The two leaders affirmed their mutual respect and trust through the award ceremony and pledged to strengthen cooperation in various fields in the future. The South Korean government expects that this award will secure U.S. support and contribute to enhancing South Korea's standing in the international community.
Trump arrived at Gimhae International Airport around 11:32 a.m. on October 29th to begin his visit to South Korea. Trump's visit is expected to emphasize the importance of the US-Korea alliance and strengthen economic cooperation between the two countries. Immediately after arriving at Gimhae International Airport, Trump held a summit with Lee Jae-myung to discuss various issues. In particular, in-depth discussions were reportedly held on key issues such as resolving the North Korean nuclear issue and improving the US-Korea Free Trade Agreement (FTA). Trump's visit is expected to have a positive impact on stabilizing the situation on the Korean Peninsula and maintaining peace in the region. The South Korean government hopes that Trump's visit will reaffirm the U.S.'s firm support and garner support for efforts to resume dialogue with North Korea.
Trump delivered a special address at the APEC CEO Summit held at the Gyeongju Arts Center, emphasizing the importance of the global economy and the role of corporations. In his speech, Trump emphasized the importance of free trade and argued that companies should drive economic growth through innovation and investment. Trump also explained the direction of U.S. economic policy and urged foreign companies to expand their investment in the United States. Trump's speech was well received by APEC member country CEOs and was praised for presenting a positive outlook on the future of the global economy. In particular, Trump expressed his gratitude for Korean companies' investment in the United States and pledged to further strengthen economic cooperation between the two countries in the future. The APEC CEO Summit is an important event that promotes economic cooperation in the Asia-Pacific region and encourages companies to expand investment, and Trump's speech was praised for contributing greatly to the successful hosting of this summit.
Meanwhile, the U.S. and South Korea agreed on October 29th to limit the annual cash investment to $20 billion out of the total $350 billion in investment in the U.S., with $200 billion to be invested in cash. This agreement is expected to be an important opportunity to open a new chapter in US-Korea economic cooperation. South Korean companies are expected to expand their investment in the U.S. market and secure new growth engines through this agreement. Also, the U.S. is expected to create jobs and promote economic growth by attracting investment from South Korea. The two governments have pledged to promote mutual benefits and further strengthen economic cooperation through this agreement. In particular, this agreement is expected to have a positive impact on inducing U.S. investment in South Korea and supporting Korean companies' entry into the U.S. market.
In addition, the U.S. will reduce the automobile tariff imposed on South Korea from 25% to 15%. This is expected to have a positive impact on the South Korean auto industry and contribute to strengthening the competitiveness of South Korean automakers. The U.S. is expected to improve trade relations with South Korea and strengthen mutually beneficial economic cooperation through this tariff reduction. The two governments are expected to contribute to easing trade barriers and expanding free trade through this tariff reduction. In particular, this tariff reduction is expected to have a positive impact on expanding the market share of South Korean automakers in the U.S. market and is expected to contribute to resolving trade imbalances between the two countries.
