I think it's essential to be the cornerstone of our trade negotiations moving forward because really only with digital trade can we achieve the American first agenda. The newly elected President of South Korea, Lee Jae Yi Myung, has vowed to push forward on passing digital regulatory legislation which would target the United States companies. and subject them to massive fines and office raids while leaving the Chinese digital giants virtually alone. These companies, our American companies, are lowering prices for our consumers. (03:57–04:10)
CLAIM
Asserts that South Korea's President plans to pass digital regulations targeting U.S. companies.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.