South Korea's right is looking to remake itself after a massive defeat in this week's snap presidential election that left it with little power to challenge the ruling Democratic Party. New leader Lee Jae-myung and his party now control parliament and the presidency with Tuesday's polls exposing the smouldering resentment in South Korea over former President Yoon Suk Yeol's botched martial law declaration in December.

South Korea's new liberal President Lee Jae-myung began his term on Wednesday, vowing to raise the country from the turmoil of a martial law crisis and revive an economy reeling from slowing growth and the threat of global protectionism.

During the phone call with Trump, Lee ’emphasised the importance of the South Korea-US alliance as the foundation of the country’s diplomacy'