SEOUL: A strike by South Korean truckers entered its seventh day on Monday , posing a test for the country's new president and deepening stress on Asia's fourth-largest economy, already facing stagflationary pressures.
Prolonged labour strife could test President Yoon Suk-yeol, a political novice who took office five weeks ago, potentially distracting from his conservative agenda and raising the risk of long-term antagonism with powerful trade unions. Protesting against soaring fuel prices and demanding minimum pay guarantees, about a quarter of the Cargo Truckers Solidarity union's 22,000 members were estimated to be participating in industrial action on Sunday, the land ministry said.
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