[Exclusive] People Power Party Leadership to Hold 'Trump Strategy' Meeting Tomorrow… "Focus on Economy"
- The leadership of the People Power Party announced that they will hold a closed meeting on the 25th to discuss response measures to the economic policies of the Trump administration.
- It was reported that the meeting will focus on discussions to prepare strategies for the expansion of protectionism and 'universal tariffs'.
- The People Power Party stated that the intention is to prepare proactive response measures to cope with global economic uncertainty.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Participation of Leaders like Kwon Young-se and Kwon Seong-dong
Yoon Hee-sook, Head of Yeouido Institute, to Lead Discussion
Kwon Young-se, the emergency committee chairman of the People Power Party, and Kwon Seong-dong, the floor leader, along with the party's leadership and its think tank, the Yeouido Institute, will hold a closed breakfast meeting on the 25th to discuss response measures to the economic policies of the second Trump administration. This comes as U.S. President Donald Trump has announced plans to impose a 25% tariff on Mexico and Canada immediately after taking office, prompting the ruling party to prepare countermeasures.
A key official from the People Power Party stated on the 24th, "The party leadership, centered around the Yeouido Institute, is scheduled to hold a breakfast meeting on the 25th to discuss strategies for the Trump era," adding, "Various discussions and Q&A sessions will be exchanged on-site." The meeting is expected to be attended by Chairman Kwon, Floor Leader Kwon, and Policy Committee Chairman Kim Sang-hoon. The plan is to invite experts from various fields to lead discussions under the guidance of Yoon Hee-sook, the head of the Yeouido Institute and former lawmaker.
The meeting is reportedly set to focus on strategies for dealing with the expansion of protectionism and 'universal tariffs' triggered by Trump. The intention is to prepare proactive response measures at the party level amid increasing global economic uncertainty. Despite the Lunar New Year holiday, the meeting was organized following internal opinions that "discussion is necessary."
However, in political circles, there is analysis that "the ruling party is also responding as the opposition has been releasing economic policies with an eye on an early presidential election." This comes as Lee Jae-myung, the leader of the Democratic Party, hinted at the possibility of reconsidering his flagship policy of 'basic income' the previous day, signaling an expansion of his political reach.
Meanwhile, the People Power Party has begun work on discovering economic measures such as 'price stabilization plans' after the Lunar New Year, focusing on the Economic Revitalization and Livelihood Special Committee launched on the 21st.
Reporter Jung Sang-won top1@hankyung.com

Korea Economic Daily

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