(NAFB.com) – South Korea’s President was arrested and indicted after briefly imposing martial law in December. He also faces an impeachment trial that will determine if he’s removed from office. The U.S. Meat Export Federation says that while the political turmoil has further weakened Korea’s currency, consumers are largely unfazed by the situation, and it has not affected demand for U.S. red meat. South Korea is the leading value market for U.S. beef exports, with shipments through November of last year totaling over $2 billion, up five percent from the previous year. U.S. pork exports to Korea climbed 21 percent over the same period to $669 million, although exports slowed to some degree in the fourth quarter of this year. This week marks the Lunar New Year, a holiday celebration that typically drives both retail and food service sales of red meat. The South Korean government is extending the holiday to boost consumer spending.