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Analysis Trump’s potential return risks South Korea’s national security and economyA second Trump presidency would leave Seoul facing defense and trade uncertainty and challenge Yoon’s alliance strategy Former U.S. President Donald Trump stated on Tuesday that South Korea would be paying $10 billion annually for the stationing of U.S. troops on the peninsula if he were still in office. Trump’s remarks come as South Korea and the U.S. concluded a defense cost-sharing agreement last week, and he criticized the Biden administration for reducing the financial demands on Seoul compared to what his administration had sought. While the 2021 defense cost-sharing dealbetween the Biden and Moon Jae-in administrations still led to an increase in costs for South Korea — rising by nearly 14% in 2021 and increasing © Korea Risk Group. All rights reserved. |





