South Korea’s new president, Lee Jae-myung, has warned that rapid changes in the global order, including rising protectionism, pose a threat to his country’s survival, while a White House comment about his victory sparked consternation.
“The rapid changes in the global order such as rising protectionism and supply chain restructuring pose a threat to our very survival,” Lee said in his inaugural address, in an apparent reference to the global trade chaos sparked by US President Donald Trump’s sweeping tariffs.
