What a Harris presidency could mean for South Korea’s economic and security ties



Analysis What a Harris presidency could mean for South Korea’s economic and security ties Seoul can expect export controls and compliance demands if vice president wins, impacting trade, nuclear energy and more John LeeNovember 1, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON U.S. Vice President Kamala Harris, Oct. 19, 2024 \| Image: Vice President of the United States via Twitter With the U.S. presidential election just days away, the potential for a Kamala Harris win poses both risks and opportunities for South Korea. Harris’ record as vice president, particularly her role in shaping policies such as the Inflation Reduction Act (IRA), CHIPS and Science Act and the Indo-Pacific Economic Framework (IPEF), suggests that she strongly aligns with current U.S. priorities like reshoring production, prioritizing national security in trade and encouraging clean energy investments. Should Harris beat former President Donald Trump, South Korea will have to capitalize on partnership opportunities that have already been laid out by the Biden administration, while © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. LATEST ANALYSIS 01Lee Jae Myung’s ‘pacemaker’ strategy tests South Korea’s leverage with Trump 02Trump’s Korea investment victory lap masks safeguards Seoul still controls 03North Korean POW dispute tests Seoul-Kyiv trust and future Ukraine policy 04South Korea’s CPTPP push exposes the cost of turning trade gains into consensus 05AI storage boom gives South Korea battery makers an EV overcapacity lifeline 06South Korea’s Mexico strategy runs into the hard limits of USMCA politics 07Preschool test ban forces South Korea’s English hagwons to rethink placement 08Lee Jae Myung’s Wall Street pitch tests South Korea’s capital market credibility

Analysis

What a Harris presidency could mean for South Korea’s economic and security ties

Seoul can expect export controls and compliance demands if vice president wins, impacting trade, nuclear energy and more

John LeeNovember 1, 2024

What a Harris presidency could mean for South Korea’s economic and security ties

U.S. Vice President Kamala Harris, Oct. 19, 2024 | Image: Vice President of the United States via Twitter

With the U.S. presidential election just days away, the potential for a Kamala Harris win poses both risks and opportunities for South Korea.

Harris’ record as vice president, particularly her role in shaping policies such as the Inflation Reduction Act (IRA), CHIPS and Science Act and the Indo-Pacific Economic Framework (IPEF), suggests that she strongly aligns with current U.S. priorities like reshoring production, prioritizing national security in trade and encouraging clean energy investments.

Should Harris beat former President Donald Trump, South Korea will have to capitalize on partnership opportunities that have already been laid out by the Biden administration, while

What a Harris presidency could mean for South Korea’s economic and security ties

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John Lee