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🇰🇷🇯🇵 South Korea and Japan Push Back Against Trump’s Billion-Dollar Demands
President Donald Trump’s ambitious call for multi-billion-dollar contributions from key Asian allies has met with firm resistance in both Seoul and Tokyo.
Seoul: “Unrealistic and Unsustainable”
South Korea’s National Security Adviser, Wi Sung-lac, dismissed Washington’s request as entirely unrealistic during an interview with Channel A on Saturday.
“Objectively and realistically, we cannot handle such an amount. This is not a negotiating tactic, but a simple fact,” Wi emphasized.
Trump had referred to the commitments from Japan and South Korea as “upfront” payments. However, Seoul maintains that the $350 billion investment outlined in the July agreement — which reduced U.S. tariffs from 25% to 15% — should not be interpreted as a direct cash transfer.
Prime Minister Kim Min-seok cautioned that without a currency swap deal with the United States, such a massive outflow could severely strain South Korea’s economy. The proposed figure represents over 80% of the nation’s foreign currency reserves, sparking widespread concern among financial experts.
Tokyo: “Renegotiation May Be Inevitable”
In Japan, apprehension is also growing. Sanae Takaichi, the frontrunner in the ruling Liberal Democratic Party’s leadership race and a potential successor to the premiership, made it clear that Japan must safeguard its national interests.
“Japan must not back down if aspects of the deal turn out to be unjust or disadvantageous. Renegotiation must remain an option,” Takaichi stated.
Trump’s administration has demanded that $550 billion be deposited into U.S.-designated accounts within 45 business days after project selection — a
#Trump #SouthKorea #Japan #USPolitics #
⸻
🇰🇷🇯🇵 South Korea and Japan Push Back Against Trump’s Billion-Dollar Demands
President Donald Trump’s ambitious call for multi-billion-dollar contributions from key Asian allies has met with firm resistance in both Seoul and Tokyo.
Seoul: “Unrealistic and Unsustainable”
South Korea’s National Security Adviser, Wi Sung-lac, dismissed Washington’s request as entirely unrealistic during an interview with Channel A on Saturday.
“Objectively and realistically, we cannot handle such an amount. This is not a negotiating tactic, but a simple fact,” Wi emphasized.
Trump had referred to the commitments from Japan and South Korea as “upfront” payments. However, Seoul maintains that the $350 billion investment outlined in the July agreement — which reduced U.S. tariffs from 25% to 15% — should not be interpreted as a direct cash transfer.
Prime Minister Kim Min-seok cautioned that without a currency swap deal with the United States, such a massive outflow could severely strain South Korea’s economy. The proposed figure represents over 80% of the nation’s foreign currency reserves, sparking widespread concern among financial experts.
Tokyo: “Renegotiation May Be Inevitable”
In Japan, apprehension is also growing. Sanae Takaichi, the frontrunner in the ruling Liberal Democratic Party’s leadership race and a potential successor to the premiership, made it clear that Japan must safeguard its national interests.
“Japan must not back down if aspects of the deal turn out to be unjust or disadvantageous. Renegotiation must remain an option,” Takaichi stated.
Trump’s administration has demanded that $550 billion be deposited into U.S.-designated accounts within 45 business days after project selection — a
#Trump #SouthKorea #Japan #USPolitics #
Übersetzung ansehen
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