South Korea, China, and Japan Advance Free Trade Pact Amid U.S. Tariff Escalation

The three nations hold their first trilateral trade meeting in six years to counter U.S. protectionist policies and stabilize regional trade.

South Korea, China, and Japan have agreed to pursue a trilateral free trade agreement to bolster regional economic cooperation.
The meeting marks the first trilateral trade discussion between the three nations in six years, reflecting renewed efforts to address global trade challenges.
South Korea's trade minister emphasized the importance of restoring the World Trade Organization's role to stabilize the global trade environment.
The agreement comes just days before the U.S. is set to impose a 25% tariff on auto imports, intensifying trade tensions worldwide.
Japan and South Korea, key exporters of automobiles to the U.S., face significant economic risks from the impending auto tariffs.