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After reaching a trade protocol with the United States, the approval rating of the South Korean president has risen.
Jin10 data reported on August 4, after reaching a last-minute trade protocol with the United States, South Korean President Lee Jae-myung's support rate has risen. A survey released by Realmeter on Monday shows that Lee Jae-myung's support rate climbed from 61.5% last week to 63.3%. The survey was commissioned by a local newspaper and conducted from July 28 to August 1. The trade agreement announced on July 31 sets the tariffs for most South Korean goods exported to the U.S. at 15%, which is comparable to regional competitor Japan, and is one of the lowest levels in Asia. However, Lee Jae-myung still faces risks as the details of the agreement are still being finalized, including the $350 billion investment from South Korean funds into the United States.