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3mo ago

Yeo Han-Koo Arrives in Washington for Third-Round Talks on Steel and Auto Tariffs

He will meet U.S. trade officials this week to negotiate a comprehensive deal before reciprocal duties resume July 8.

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo
South Korean Trade Minister Yeo Han-koo (C) departs for Washington from Incheon International Airport on June 22, 2025, to meet with U.S. trade officials. (Yonhap)
South Korean Trade Minister Yeo Han-koo answers reporters questions before he departs for Washington from Incheon International Airport on June 22, 2025, to meet with U.S. trade officials. (Yonhap)
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Overview

  • Yeo has pledged pragmatic negotiations centered on South Korea’s national interests to secure mutual gains on tariffs and non-tariff measures.
  • He will meet USTR Jamieson Greer and Commerce Secretary Howard Lutnick this week to discuss steel and auto tariff levels, non-tariff barriers and potential adjustments to U.S. investment incentives.
  • Seoul and Washington aim to finalize a package deal covering tariffs, non-tariff measures and economic cooperation by July 8, when the suspension of reciprocal duties is set to expire.
  • Yeo suggested the July 8 deadline may shift due to fluid political and economic conditions in the United States.
  • South Korea plans to press U.S. officials on easing restrictions on American beef imports and convey industry concerns about possible limits on chipmakers operating in China.