During campaigning in South Korea’s presidential election, Yoon Suk-yeol promised to strike a clear path in his country’s long-running dilemma over how to balance relations with the United States and China.
With the two global superpowers jostling for economic and military supremacy in Asia, the candidate for the conservative People Power Party pledged to decisively side with its security ally the US, even if it risked South Korea’s crucial trade relationship with China.
Yoon said he would go as far as to expand the presence of a US missile defence system called THAAD in South Korea, which sparked costly unofficial sanctions on South Korean goods and culture by China and set off years of frosty relations.
Only weeks after taking office on May 10, Yoon will see his loyalties tested in his own back yard on Friday, when US President Joe Biden visits Seoul as part of a trip to Asia that also includes Japan, another US ally.
Biden’s visit comes as global trade is facing pressure from more than two years of the COVID-19 pandemic and disruptions to energy and food supply chains due to Russia’s war on Ukraine.
China is by far South Korea’s largest trading partner, taking more than one-quarter of its exports, and Seoul relies on its massive neighbour to power key industries such as chips and autos. South Korea also has a comprehensive security alliance with the US that dates back to the 1950-53 Korean War. The country still hosts approximately 28,000 American troops on its soil.
