Peter Lewis: Asia Business Correspondent on the move to impeach President Yoon

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Recorded06 Dec 2024

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South Korean Lawmakers Move To Impeach President Yoon South Korean MPs have begun impeachment proceedings against President Yoon Suk Yeol hours after thwarting his shock move on Tuesday to impose martial law. This has triggered the country’s worst constitutional crisis in decades. The president had said martial law was needed to protect the country from "North Korea's communist forces" and to "eliminate anti-state elements” and “normalise the country”. The order was unanimously rejected by the opposition-controlled legislature. Chinese Exporters Front-Load Shipments To Dodge Trump Tariffs Exporters from China, Canada and Mexico are seeking to front-load shipments to the US after president-elect Donald Trump pledged to impose new levies on goods from the three countries on his first day in office. At a giant supply chain expo in Beijing last week, logistics company representatives said the number of customers asking about bringing forward shipments had increased following Trump’s threat to impose an extra 10% tariff on Chinese goods, the Financial Times reported. EU To Crack Down On Asian Online Retailers Temu & Shein The EU is preparing a crackdown on the growing flood of packages from Asian online retailers such as Temu and Shein, following a big increase in ecommerce that largely evades EU custom checks, according to the Financial Times. The bloc’s safety authorities have detected a growing number of dangerous and counterfeit goods, many of which are dispatched directly to consumers. Asia Business Correspondent Peter Lewis talks to Heather du Plessis-Allan. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

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