Bulletin
Investor Alert

London Markets Open in:

Associated Press Archives | Email alerts

Sept. 28, 2022, 11:45 p.m. EDT

Kamala Harris to visit DMZ following North Korean missile tests

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Hyundai Motor Co. Ltd. (005380)

or Cancel Already have a watchlist? Log In

By Associated Press

SEOUL, South Korea — U.S. Vice President Kamala Harris is capping her four-day trip to Asia with a stop at the heavily fortified Demilitarized Zone dividing the Korean Peninsula as she tries to demonstrate the U.S. commitment to the security of its Asian allies.

The visit on Thursday comes on the heels of North Korea’s  latest missile launches  and amid fears that it may conduct a nuclear test. Visiting the DMZ has become something of a ritual for American leaders hoping to show their resolve to stand firm against aggression.

North Korea fired two short-range ballistic missiles on Wednesday, while Harris was in Japan, and had fired one before she left Washington on Sunday. The launches contribute to a record level of missile testing this year.

Before going to the DMZ, Harris met with South Korean President Yoon Suk Yeol at his office in Seoul and praised the alliance between the countries as a “linchpin of security and prosperity.” Yoon, a conservative who took office in May, called her visit “another turning point” in strengthening ties.

Harris and Yoon were expected to discuss the growing North Korean nuclear threats and the U.S. commitments to defend the South. They were also expected to discuss expanding economic and technology partnerships and  repairing recently strained ties between Seoul and Tokyo  to strengthen their trilateral cooperation with Washington in the region.

Harris earlier spent three days in Tokyo, where she denounced North Korea’s “illicit weapons program” during a speech on an American destroyer at a naval base and attended the state funeral of former Japanese  Prime Minister Shinzo Abe .

In Washington, White House press secretary Karine Jean-Pierre said the latest missile tests would not deter Harris from the DMZ and that she wanted to demonstrate America’s “rock-solid commitment” to regional security.

“As you know, North Korea has a history of doing these types of tests,” Jean-Pierre said, calling it “not unusual.”

Yoon had anchored his campaign with vows to deepen Seoul’s economic and security partnership with Washington to navigate challenges posed by the North Korean threat and address potential supply chain risks caused by the pandemic, the U.S.-China rivalry and Russia’s war on Ukraine. But the alliance has been marked by tension recently.

A new law signed by  President Joe Biden  prevents electric cars built outside of North America from being eligible for U.S. government subsidies, undermining the competitiveness of automakers like Seoul-based Hyundai /zigman2/quotes/206684590/delayed KR:005380 -2.07% .

South Koreans have reacted with a sense of betrayal, and Harris acknowledged the dispute in a conversation with the country’s prime minister, Han Duck-soo, on Tuesday in Tokyo.

“They pledged to continue to consult as the law is implemented,” the White House said of the meeting.

Scott Snyder, a senior fellow for Korea studies at the Council on Foreign Relations, said the dispute over electric vehicles has swiftly become a firestorm that U.S. officials cannot ignore, although there may not be a simple solution.

“It’s taking on a level of urgency that’s making it into a political problem that requires management,” Snyder said. “I don’t know that it’s going to be easy for the Biden administration to do that.”

Ilaria Mazzocco, a fellow at the Center for Strategic and International Studies, said it’s a question of whether the Inflation Reduction Act was intended to create American jobs or move supply chains out of China — “onshoring” versus “friendshoring.”

“It’s very tricky for U.S. policymakers. It’s tough to sell to voters that the U.S. is stronger when partner countries are stronger. But that’s the truth,” she said.

There could be more tension over gender issues during Harris’ visit to South Korea. Harris, the first woman to serve as U.S. vice president, planned to hold a roundtable with female leaders on gender equity issues. Yoon has faced criticism for the lack of female representation in his government.

/zigman2/quotes/206684590/delayed
KR : S. Korea: KRX
165,500
-3,500 -2.07%
Volume: 782,190
Dec. 5, 2022 3:30p
P/E Ratio
6.88
Dividend Yield
3.02%
Market Cap
₩38760.16 billion
Rev. per Employee
₩1.88B
loading...
1 2
This Story has 0 Comments
Be the first to comment
More News In
Economy & Politics

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.