Rally in Gyeongju against visit of Trump and his economic policy
Hundreds of trade union members on Wednesday gathered near the venue of the APEC Summit in South Korea's Gyeongju to rally against the visit of US President Donald Trump's economic policy.
Yang Kyung-soo, the President of the Korean Confederation of Trade Unions, which organized the rally, said Trump's policies were destroying the Korean economy. He added that the visit to Korea is not about attending APEC, is about pressuring South Korea into investing in the US and accepting the tariffs.
Trump, who landed in South Korea hours earlier for the final leg of his Asia trip, said a trade deal with South Korea would be finalized "very soon," though officials on both sides have been downplaying the prospect of a breakthrough this week.
The two allies announced a deal in late July under which Seoul would avoid the worst of the tariffs by agreeing to pump $350 billion of new investments into the United States. But talks over the structure of those investments have been deadlocked.
(Source: Reuters)
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