South Korea’s new president, Lee Jae-Myung, inherits a weak and fragile economy, battered by domestic political turmoil, natural disasters, and US tariffs. His immediate priorities will be stimulating growth and restoring business and consumer confidence. The Korean Treasury bond curve is expected to steepen, while the KRW is seen appreciating

South Korea’s newly elected President Lee Jae-myung took office with a pledge to revive a national economy threatened by Donald Trump’s tariffs just as the US president doubled duties on steel and aluminum,