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South Korea's industry minister seeks exemption from Trump's tariffs

South Korea filed a request with the U.S. Government to exclude Seoul from new tariff plans, according to the Industry Ministry.
South Korean Industry Minister Ahn Duk-geun expressed concerns about the tariff plans, emphasizing the need for exemptions to avoid disadvantages compared to other countries while hoping to strengthen cooperation in industries like shipbuilding.
During discussions with U.S. Secretary of Commerce Howard Lutnick, Ahn highlighted that Hyundai Motor Co.'s new Georgia factory could help reduce U.S. Trade deficits from South Korean auto exports.
Ahn stated, 'We plan to proceed with related discussions through working-level consultative bodies in a direction that minimizes potential damage to Korean enterprises.

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Al Bawaba

Korea asks US to exclude it from new tariffs

Seoul's Ministry of Trade, Industry and Energy said Saturday that its minister, Ahn Duk-gyun, asked the U.S. government to exclude South Korea from new tariff plans, during his meeting with U.S. government officials to discuss expanding bilateral cooperation in various fields...

2 days ago·Amman, Jordan

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Financial Times

Currency investors grow wary of bets on Trump tariffs

FX volatility expectations fall after traders ‘burned’ trying to react to US president’s trade threats

2 days ago·London, United Kingdom

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Anadolu Ajansı

S.Korea requests US exclude Seoul from new tariff plan

Request made by South Korean industry minister in meeting with US Secretary of Commerce Howard Lutnick in Washington, DC - Anadolu Ajansı

3 days ago·Ankara, Türkiye

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연합뉴스-Yonhap News Agency

(LEAD) Industry minister asks U.S. to exclude S. Korea from new tariff scheme

(ATTN: ADDS more info in paras 5-8, 11) SEOUL, March 1 (Yonhap) -- South Korean Industry...

3 days ago·Korea, Republic of

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Firstpost News

US tariffs on South Korea's radar as industry minister requests exemption

South Korea and the U.S. have also agreed to set up a working-level channel to discuss tariff-related issues and cooperation in the shipbuilding sector, Seoul's industry ministry said

3 days ago·Mumbai, India

South Korea’s Exports Sputter as Risks Rise in Chips and Tariffs

South Korea’s exports lost growth momentum in February as demand for semiconductors weakened and officials scrambled to engage the US in hopes of averting a hit from Donald Trump’s tariff campaign.

3 days ago·United States

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