South Korea aims to delay US tariffs in talks, cooperate in mutual areas
- South Korean Finance Minister Choi Sang-mok will meet U.S. Treasury Secretary Scott Bessent next week to discuss trade issues, including tariffs announced by President Donald Trump.
- Choi stated that it is a priority for South Korea to minimize adverse impacts on businesses and delay tariffs during negotiations with the United States.
- South Korea aims to cooperate with the U.S. On mutual interests like shipbuilding and energy.
- President Trump mentioned he would announce the tariff rate on imported semiconductors over the next week, indicating potential flexibility for certain companies.
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South Korea’s finance minister to discuss trade issues with US treasury secretary next week
South Korea, under acting President Han Duck-soo, has engaged actively with senior Trump administration officials with the goal of lowering the 25% reciprocal tariff Trump has announced for the country, which he has since paused along with other high tariffs slapped on a string of countries
South Korea to boost shipbuilding, energy cooperation with US for tariff negotiations, trade minister says
Korea will work to bolster its cooperation with the United States in the shipbuilding and energy sectors, Seoul's trade minister said Wednesday, ahead of upcoming negotiations over U.S. import tariffs...
South Korea wants negotiations with US to delay implementation of tariffs
South Korea will try to delay the implementation of tariffs as long as possible in negotiations with the United States, its Finance Minister Choi Sang-mok said on Tuesday. Seoul is also looking to cooperate with the Americans in areas of mutual interest, such as shipbuilding and energy, Reuters reports.
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