President Lee Jae-myung said on the 4th in a policy speech on next year's government budget of 728 trillion won that the government "eased uncertainty in our economy by concluding tariff negotiations with the United States through the South Korea–U.S. summit held during APEC week."

President Lee Jae-myung delivers a policy address on the 2026 government budget and fund management plan at the National Assembly plenary chamber on the morning of the 4th. /Courtesy of News1

Before explaining next year's budget bill at the National Assembly on the day, Lee cited the results of hosting the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju and made the remarks.

In particular, Lee emphasized that the government "laid the groundwork to compete on a level playing field by securing tariffs at a level equal to competitors in our main export sectors of automobiles and semiconductors."

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