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South Korean Prime Minister Kim Arrives in Washington for Trade Talks Focused on U.S. Chip Tariffs

Kim aims to secure clarity on tariff plans that could penalize Korean semiconductor makers.

Overview

  • He began a five-day visit including Washington and New York, with meetings planned with senior officials, House members, and Korean residents.
  • Talks are being arranged for a possible meeting with Vice President J.D. Vance, which his office has not confirmed.
  • It is his first overseas trip as prime minister and the first standalone U.S. visit by a South Korean premier since democratization in the late 1980s.
  • The visit follows a November understanding to lower U.S. “reciprocal” tariffs on Korean goods to 15% in return for a US$350 billion investment pledge by Seoul.
  • U.S. actions under discussion include a 25% tariff on certain AI chips, potential new duties on memory chips from firms without U.S. plants, and a push for country-specific chip tariff deals.