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The U.S. midterm elections delivered a crushing defeat to President Donald Trump's Republican Party, with Democrats seizing both the House and the Senate, according to the Korea Times. Trump acknowledged the prolonged Iran war contributed to the losses, saying he is "absolutely willing" to accept the results, the Korea Times reports. Prime Minister Han Seong-sook said Thursday she anticipates no big changes in relations with the United States after the defeat, while the White House insisted Trump is "still your president." Analysts say the Democratic sweep dims prospects for a Trump-Kim Jong-un summit, and Seoul shares opened lower Thursday on concerns over tighter AI regulations under Democratic control, the Korea Times reports. World leaders voiced hopes for a reset with the U.S., and Iran's supreme leader warned the Middle East war would widen if Washington resumes attacks. Chinese experts doubt a lame-duck Trump will tame his transactional foreign policy, the Korea Times adds.