[Remember Daily News]2025.02.11 South Korea News

1. Trade Minister Addresses Impact of U.S. Steel Tariffs

Trade Minister Cheong In-kyo expressed concerns over the 25% tariffs imposed by the U.S. on steel and aluminum imports, stating that these measures would adversely affect the profitability of South Korean steel exporters and diminish U.S. demand for steel. He also noted that the tariffs might present opportunities for South Korean companies to explore new export markets. The government is considering negotiations with the U.S., although no exemptions are currently anticipated. Major steel producers like POSCO and Dongkuk Steel Mill have already reported losses due to these tariffs. Previously, in 2018, South Korea secured an indefinite exemption through a quota agreement. Analysts estimate that the new tariffs could reduce South Korea's GDP by 0.11% to 0.22%. The nation ranks as the fourth-largest steel supplier to the U.S., following Canada, Mexico, and Brazil.

 

2. National Mourning for Young Student Fatally Stabbed by Teacher

A tragic incident occurred in Daejeon, where a 48-year-old elementary school teacher confessed to fatally stabbing a seven-year-old student, Kim Ha-neul. The teacher, who had recently returned to work after a leave of absence due to depression, reportedly lured the child into a room under false pretenses before committing the act. The motive cited was feeling "annoyed" upon returning to work. This event has deeply shocked the nation, leading to widespread discussions about school safety and mental health support for educators.

 

3. Election Official Refutes Impeached President's Fraud Allegations

Kim Yong-bin, Secretary General of the National Election Commission, testified during the impeachment trial of President Yoon Suk Yeol, defending the integrity of South Korea's electoral process. He denied allegations of election fraud and addressed Yoon's decision to declare martial law on December 3, which was justified by claims of hacking attempts. While cybersecurity vulnerabilities were identified, no evidence of election fraud was found. The Constitutional Court is deliberating on whether to reinstate Yoon or remove him permanently, with Yoon also facing criminal charges for insurrection. Supporters of Yoon have adopted slogans reminiscent of those used by former U.S. President Donald Trump's followers. Concerns about alleged Chinese interference in the elections have been raised, though both China and the U.S. military command in South Korea have denied such claims.

 

4. Heightened Security at Constitutional Court Amid Impeachment Trial

Following online revelations of a planned mob attack on the Constitutional Court scheduled for February 13, authorities intensified security measures. Over 2,700 police personnel and 140 buses were deployed around the court on February 11, with barricades and panels installed to restrict access. Justices received armed escorts for protection. During the hearing, President Yoon blamed opposition parties for his decision to declare martial law, citing perceived disrespect and malicious intent. Former Interior Minister Lee Sang-min also testified, denying orders to cut off utilities to media outlets critical of Yoon during the martial law period. The Constitutional Court has up to 180 days to decide on Yoon's impeachment, with a potential new presidential election required within 60 days if the impeachment is upheld.

 

5. North Korea's Nuclear Advancements Prompt International Discussions

The United Nations Security Council members are scheduled to review the 90-day report on the activities of the 1718 Democratic People's Republic of Korea (DPRK) Sanctions Committee in closed consultations. This discussion comes amid reports of North Korea's continued development of its nuclear capabilities, raising concerns about regional security and the effectiveness of existing sanctions.

 

6. Cultural Events Flourish Despite Winter Chill

February in South Korea is marked by various cultural events and winter activities. Despite the cold, festivals celebrating traditional customs, ice fishing, and snow sculptures attract both locals and tourists. Destinations like the Taebaeksan Mountain Snow Festival and the Hwacheon Sancheoneo Ice Festival offer unique experiences, showcasing the nation's rich cultural heritage and resilience during the winter months.

 

7. South Korea's Acting President Seeks Dialogue Over U.S. Tariffs

In response to the U.S. imposing tariffs on steel and aluminum imports, South Korea's acting president has expressed a desire to engage in talks with the United States to address the issue. The government aims to negotiate terms that could mitigate the impact on South Korean industries and maintain strong bilateral trade relations.

 

8. Legal Proceedings Continue for Courthouse Protesters

Prosecutors have indicted 63 individuals involved in storming the Seoul Western District Court in January to protest the detention of impeached President Yoon Suk Yeol. The charges include aggravated obstruction of official duty, destruction of property, attempted arson, and assault. Some defendants face potential prison sentences of up to seven years. This development underscores the ongoing tensions and divisions within South Korean society regarding the impeachment proceedings.

 

9. South Korea's Steel Industry Faces Economic Challenges

The imposition of U.S. tariffs on steel imports has led to financial difficulties for South Korean steelmakers. Companies like POSCO and Dongkuk Steel Mill have reported significant losses, prompting concerns about the broader economic impact. The government is exploring strategies to support the industry, including seeking alternative markets and negotiating with international partners.

 

10. Public Vigilance Urged Amid Security Concerns

In light of recent events, including the tragic school stabbing and heightened political tensions, authorities are urging the public to remain vigilant. Enhanced