Seoul: President Lee Jae Myung's approval rating has slightly rebounded to 63.3 percent after experiencing a decline over the previous two weeks, a recent survey revealed. This uptick follows the successful conclusion of a trade agreement between South Korea and the United States.

According to Yonhap News Agency, which conducted the survey commissioned by a local news outlet, 63.3 percent of respondents positively assessed Lee's management of state affairs, marking an increase of 1.8 percentage points from the previous week. Concurrently, the negative assessment of his performance decreased by 1.6 percentage points to 31.4 percent.

Realmeter attributed the rebound in Lee's approval rating to recent diplomatic achievements, particularly the conclusion of the South Korea-U.S. tariff negotiations. The deal saw Washington agreeing to reduce "reciprocal" tariffs on South Korean goods to 15 percent from the initially proposed 25 percent, contingent upon significant investments and market accessibility, just before the August 1 deadline. Additionally, Lee's firm stance on addressing industrial incidents, including advocating for stronger workplace safety measures and stricter penalties for violators, has bolstered his approval ratings.

The pollster highlighted that Lee's approval rating has remained stable within the low 60 percent range for five consecutive weeks. The survey was conducted on 2,520 adults from Monday to Friday last week, with a margin of error of plus or minus 2 percentage points and a confidence rate of 95 percent.

In another survey by the same pollster, conducted among 1,012 individuals aged 18 and over last Thursday and Friday, the ruling Democratic Party's approval rating increased by 3.7 percentage points to 54.5 percent. Conversely, support for the main opposition People Power Party declined by 1.8 percentage points to 27.2 percent. This poll has a margin of error of plus or minus 3.1 percentage points, with a confidence rate of 95 percent.