US EditionSouth Korea trade minister says considering measures to boost US imports
- South Korea's Trade Minister, Cheong In-kyo, announced on April 8 that the government is considering measures to boost imports from the U.S. While negotiating over U.S. Tariffs.
- Cheong stated that U.S. President Donald Trump indicated a willingness to discuss tariffs with nations other than China, which is promising for his visit.
- The South Korean government is contemplating increasing LNG imports from the United States to help balance trade.
- Finance Minister Choi Sang-mok warned that the recently announced tariffs by Trump would deal a 'huge blow' to South Korean exporters, particularly those operating in Vietnam.
12 Articles
12 Articles
South Korea Seeks More U.S. LNG Imports to Fix Trade Imbalance
South Korea has thrown in the towel without a fight after the U.S. slapped tariffs on all of the country’s trade partners. Seoul is looking at more LNG imports to get Washington to drop the new tariffs. Per a Bloomberg report, the South Korean government is working on several packages of measures to be taken to erase the trade surplus it has with the U.S. in a bid to convince President Trump to remove the additional tariffs, with the focus on bo…
South Korea Eyes Boosting Energy Imports to Cut Surplus With US
(Bloomberg) — A top South Korean trade official said the government is reviewing multiple packages to present to the Trump administration as it seeks to reduce a trade surplus with the US in a bid to negotiate a lower tariff rate.
Denver Gazette
South Korea trade minister says considering measures to boost US imports
SEOUL (Reuters) - South Korea's trade minister said on Tuesday that the government has been considering packages of measures to increase U.S. imports, as he headed to Washington to negotiate over U.S. tariffs.
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