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Dec 19, 2024 View in browser
 
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By Catherine Kim

Presented by The Campaign for Sustainable Rx Pricing

A protester wearing a mask in the likeness of Yoon Suk Yeol takes part in a demonstration outside the National Assembly on December 6 in Seoul, South Korea.

A protester wearing a mask in the likeness of Yoon Suk Yeol takes part in a demonstration outside the National Assembly on December 6 in Seoul, South Korea. | Ezra Acayan/Getty Images

RELATIONSHIP GOALS — For close to three years, South Korea’s President Yoon Suk Yeol was a D.C. darling, a Biden administration favorite for closely aligning his nation with U.S. interests and serving as a pillar of U.S. policy in Asia. But that high regard vanished when he declared martial law 16 days ago, threatening liberal democracy and the stability of a country key to peace in East Asia. And Yoon’s rash action cost him his job, leading to his impeachment by the National Assembly.

Now, some Korea watchers believe a recalibration of the close relationship is about to take place. A new — and more unpredictable — American president is set to take office within weeks. Lee Jae-myung, the opposition party leader, is favored to become the next president of South Korea — and he has very different foreign policy priorities from Yoon.

Despite being a deeply unpopular president in his own country because of his controversial rhetoric and his wife’s corruption scandal, Yoon had been considered a close ally of the U.S. because of his willingness to buck tradition. Unlike many presidents before him, he amped up aggression against North Korea, treated China with more hostility, and even attempted to bury the historical bitterness between South Korea and Japan in favor of a stronger alliance — a move that irked much of the Korean public that condemned Japan for trying to erase the memory of its past war crimes.

“Korea, Japan – being the two most important allies in the region — getting that connection between the two has always been seen as a really important piece for the future of U.S. foreign policy, and finally with Yoon they had someone who was seeing as they did: that history should be forgotten, that history was a detriment to future national security,” said Karl Friedhoff, an Asia studies fellow at the Chicago Council on Global Affairs.

Lee will likely throw a wrench in American plans for a stronger South Korea-Japan alliance in response to a rising China threat. Like many of the progressives before him, he’s publicly said that it is “regrettable that Tokyo’s unwillingness to let go of its imperial past continues to hamper trilateral cooperation between Japan, South Korea, and the United States.” He’s not explicitly against working with Japan, but the U.S. shouldn’t expect free-flowing communication between the two countries unless Japan does more to “overcome the legacy of tragic historical wrongdoings,” according to Lee.

Lee’s approach to North Korea will also stand in stark contrast to Yoon, whose hostility toward its neighbor has completely crumbled communication between the two countries over the past two years. Lee wants to push North Korea toward denuclearization peacefully, with partial rewards like sanctions relief in exchange for cooperation.

Despite the historically hawkish U.S. stance against North Korea, this might actually be a boon for President-elect Donald Trump, who tried to improve relationships with the country during his last administration. Lee will likely want to serve as the middleman in any prospective rekindling of the Kim-Trump bromance — if Kim even decides to bite the bait this time around.

But the true elephant in the room will be China, the superpower which the U.S. has identified as a growing threat in the Asia-Pacific region — and which the U.S. expects its allies to adopt an equally hostile stance against. Yoon had no trouble framing China as an antagonist, even blaming Beijing for his own domestic problems.

Lee, in contrast, criticized Yoon for cozying up with the U.S. at the expense of the South Korea-China relationship. Lee has written that “South Koreans have good reason to be concerned by Beijing’s increasingly assertive behavior,” but he emphasizes that China is South Korea’s largest trading partner — and possibly an important ally in persuading North Korea to denuclearize.

The urge to view Lee’s policies as contradictory to the U.S.’s East Asia security aspirations is understandable. Yet there’s one foreign policy that both Lee and Yoon are in agreement on: the U.S.-South Korea alliance. The U.S. is South Korea’s closest ally, and neither would do anything drastic to change that. Even the public is behind that decision: 91.6 percent of South Koreans said in a 2023 Gallup Korea poll that the bilateral alliance is important.

It doesn’t mean that there won’t be an increase in friction between the U.S. and South Korea if Lee comes into office. But it does suggest that Lee will likely shy away from any decision — no matter what he’s said in the past — that truly threatens the relationship between the two countries.

“Every Korean president wants good relations with the U.S.,” said Dave Kang, who is director of the Korean Studies Institute at the University of Southern California. “No Korean president wants to abandon the U.S. alliance — that’s unthinkable.”

Welcome to POLITICO Nightly. Reach out with news, tips and ideas at nightly@politico.com. Or contact tonight’s author at ckim@politico.com or on X (formerly known as Twitter) at @PoliticoCharlie.

 

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What'd I Miss?

— GOP strikes a new spending deal that includes disaster aid and raising the debt limit: President-elect Donald Trump endorsed a new Republican deal this afternoon to avert a government shutdown and raise the nation’s debt limit for two years, after sinking the bipartisan agreement Speaker Mike Johnson originally struck with Democrats. “All Republicans, and even the Democrats, should do what is best for our Country and vote ‘YES’ for this Bill, TONIGHT!” Trump wrote. Johnson will almost certainly need House Democrats’ votes to pass it through the chamber.

— Jeffries says ‘hell no’ to GOP funding deal, ratcheting up chances of a shutdown: House Democrats were skeptical of an emerging Republican-led funding deal as they walked into a closed-door caucus meeting this afternoon, meaning it’s almost certainly doomed on the House floor, with less than 36 hours to go until a shutdown deadline. “The Musk-Johnson proposal is not serious. It’s laughable. Extreme MAGA Republicans are driving us to a government shutdown,” House Minority Leader Hakeem Jeffries said to reporters as he walked into the meeting. Speaking privately to members of his caucus minutes later, Jeffries told lawmakers: “I’m not simply a no. I’m a hell no,” according to three people familiar with his remarks.

— Fani Willis is disqualified from prosecuting Trump election case, appeals court rules: A Georgia appeals court has ruled that Fulton County District Attorney Fani Willis and her office must be disqualified from the criminal racketeering case she brought against President-elect Donald Trump and his allies over their efforts to alter the results of the 2020 election. In a 2-1 decision today, the court found that Willis had created the appearance of a conflict of interest stemming from her romantic relationship with an outside prosecutor whom she hired to help run the case.

— Top aide to New York City mayor indicted on bribery and conspiracy charges: Prosecutors charged New York City Mayor Eric Adams’ closest confidant in a conspiracy, bribery and money laundering case today. Manhattan District Attorney Alvin Bragg released an indictment alleging Ingrid Lewis-Martin — Adams’ long-serving, formidable chief adviser who abruptly resigned on Sunday — gave special treatment to a pair of real estate developers when their construction project ran into a bureaucratic hurdle. In exchange for her help, the duo provided Lewis-Martin and her son with more than $100,000 in checks and cash, which Lewis-Martin’s son used to buy a Porsche, the complaint alleged.

 

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THE NEXT ADMINISTRATION

SHUTDOWN ‘CHAOS’ — The collapse of Congress’ spending negotiations is throwing the presidential transition and preparations for President-elect Donald Trump’s second inauguration into chaos as Washington stares down the prospect of a government shutdown just after midnight Friday.

Federal agencies only this week began briefing the Trump transition’s “landing teams,” which began their work more than a month later than their predecessors. Now, if Congress can’t cut a deal in the next couple days, those agencies could be forced to furlough much of the staff doing that work and shut down the government offices where it’s taking place — impeding the incoming officials’ access to documents and further slowing down already-delayed preparations to take over the federal government next month.

An OMB spokesperson warned POLITICO that such a lapse “would disrupt a wide range of activities associated with the orderly transition of power,” but declined to specify what programs and personnel would be impacted.

THE MAHA CAUCUS — The Senate has not yet voted on whether to confirm Robert F. Kennedy Jr. to lead the government’s health agencies, but Republicans in the chamber are already gearing up to push Kennedy’s agenda on Capitol Hill.

Five GOP senators said today they’d created a caucus to promote the ideals of Kennedy’s “Make America Healthy Again” movement.

Sens. Roger Marshall (R-Kan.), Tommy Tuberville (R-Ala.), Rick Scott (R-Fla.), Cynthia Lummis (R-Wyo.) and Ron Johnson (R-Wis.) are the founding members.

 

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AROUND THE WORLD

Smoke billows from the site of an Israeli airstrike that targeted a power station in the Houthi-run Yemeni capital Sanaa.

Smoke billows from the site of an Israeli airstrike that targeted a power station in the Houthi-run Yemeni capital Sanaa today. | Mohammed Huwais/AFP via Getty Images

ISRAELI AIRSTRIKES — A series of intense Israeli airstrikes shook Yemen’s rebel-held capital and a port city early today and killed at least nine people, officials said, shortly after a Houthi missile targeted central Israel.

Today’s strikes risk further escalating conflict with the Iranian-backed Houthis, whose attacks on the Red Sea corridor have drastically impacted global shipping, reports The Associated Press. The rebels have so far avoided the same level of intense military strikes that have targeted Palestinian militant group Hamas and Lebanon’s Hezbollah, fellow members of Tehran’s self-described “Axis of Resistance.”

Israel’s military said that it conducted two waves of strikes in a preplanned operation that began early Thursday and involved 14 fighter jets. The military said the first wave of strikes targeted Houthi infrastructure at the ports of Hodeida, Salif and the Ras Isa oil terminal on the Red Sea.

Then, in a second wave of strikes, the military said its fighter jets targeted Houthi energy infrastructure in Sanaa.

 

POLITICO Pro's unique analysis combines exclusive transition intelligence and data visualization to help you understand not just what's changing, but why it matters for your organization. Explore how POLITICO Pro will make a difference for you.

 
 
Nightly Number

3.1 percent

The annualized pace at which the U.S. GDP grew in the third quarter according to Commerce Department data released today, beating expectations alongside continued low inflation.

RADAR SWEEP

THE END OF THE WORLD AS WE KNOW IT — In 2019, when he was let go from his software job in Switzerland, UK native Ben Green bought 13 acres in an isolated part of Germany. His mission — turn his corner of the world into a place where he could ride out what he believed was the coming apocalypse. He turned the land — which included an abandoned and dilapidated barracks, into a self-sufficient place including a farm; Green is militant about his veganism, and at first blush sounds like a classic apocalypse prepper. But going there is experiencing something different — it’s not all shotguns and canned beans, even though he’s convinced that climate change will lead to an apocalypse of some kind or another. Michaela Cavanagh profiles Green for Hazlitt.

Parting Image

On this date in 1998: President Bill Clinton makes a statement as first lady Hillary Rodham Clinton looks on at the White House, thanking Democratic members of the House of Representatives who voted against impeachment and vowing to complete his term.

On this date in 1998: President Bill Clinton makes a statement as first lady Hillary Rodham Clinton looks on at the White House, thanking Democratic members of the House of Representatives who voted against impeachment and vowing to complete his term. | Susan Walsh/AP

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A message from The Campaign for Sustainable Rx Pricing:

Big Pharma’s patent abuse drives up drug prices and blocks competition – costing patients and the U.S. health care system billions. Patent thickets protect profits, not innovation, and extend monopolies on blockbuster drugs while millions of Americans struggle to afford their medications. This year, the Senate unanimously passed Cornyn-Blumenthal, a bipartisan solution to curb these anti-competitive tactics. Time is running out – Congress must pass Cornyn-Blumenthal and deliver relief to patients before it’s too late. Learn more.

 
 

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