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South Korea Prepares for Trade Talks in Washington Over U.S. Tariff Threats

Seoul confirms senior ministers will negotiate with U.S. officials this week, seeking to mitigate the impact of proposed 25% tariffs on its export-driven economy.

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Overview

  • South Korea's Trade Minister Ahn Duk Geun and Finance Minister Choi Sang Mok will travel to Washington for negotiations on Thursday and Friday.
  • The talks, requested by the U.S. government, focus on President Trump's proposed 25% reciprocal tariffs on South Korean imports.
  • Interim President Han Duck Soo has emphasized South Korea's historical alliance with the U.S., stating the country will not oppose the tariffs outright.
  • The proposed tariffs, temporarily suspended for 90 days, pose a significant risk to South Korea's export-heavy economy.
  • Han highlighted the U.S.'s post-Korean War aid and investments as a foundation for South Korea's cooperative approach in the negotiations.