He is expected to meet with the heads of major conglomerates. This will be Trump Jr.'s first visit to South Korea since the second term of the Trump administration. A Shinsegae Group official said on the 23rd, "Jr. visited South Korea at the invitation of Chairman Chung.
"I plan to meet with executives of major Korean companies," he said. There were voices in the Korean business world hoping that Chairman Chung, who has a close relationship with Mr. Jr., would be able to act as a liaison with the Trump administration.
Chairman Chung visited Mar-a-Lago Resort in Palm Beach, Florida, where Trump has a mansion, earlier this month. He conveyed the intentions of the Korean business community to Jr. and invited him to visit Korea.
It appears that he readily agreed, which led to the visit. During his stay in Korea, Jr. plans to exchange views with a wide range of people from the business world, including the heads of the top 10 conglomerates. No meetings with political figures are planned.
The visit of Trump Jr. to South Korea, at a time when the Trump administration is stepping up trade pressure on South Korea, is attracting attention from the business world. Due to the impact of the impeachment of the president, the government-level liaison office with the US has been virtually non-functional.
With the Trump administration falling into a deep hole, the personal network of Chairman Chung and other top executives is once again being thrust into the spotlight. Chung Jr. is seen as the "shadow power" of the second term of the Trump administration. Chairman Chung is his brother.
The two are not only close, but also share a deep religious bond as fellow Protestants. Chairman Chung stayed at Mar-a-Lago for six days in December last year at the invitation of Chung Jr.
During his stay in Washington, he met with Trump, who was then the president-elect, and exchanged views at length. When he visited Washington for the inauguration of President Trump in January this year, he was joined by prominent figures in the political and business world through the intermediation of Mr.
He had extensive contact with powerful people.
2025/04/24 06:07 KST
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