South Korea’s Presidential Hopefuls Target Economic Revival Amid Trade Reform Plans

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2025-05-12 15:43:01

South Korea’s political landscape is shifting focus toward economic recovery as candidates prepare for next month’s presidential election. The race to succeed conservative leader Yoon Suk Yeol comes at a critical juncture for Asia’s fourth-largest economy, still reeling from Trump-era tariffs that disrupted global trade flows.

Frontrunners Kim Moon-soo and Lee Jae-myung are courting voters with promises of revitalizing stagnant growth. Lee, a National Assembly member, has positioned himself as a reform candidate, though his full economic platform remains under development. The election outcome could determine whether Seoul maintains its conservative economic policies or pivots toward more progressive reforms.

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