Key Points

South Korean Industry Minister Ahn Duk-geun is preparing for crucial trade negotiations in the United States, seeking an exemption from global tariffs. The potential visit comes after acting President Han Duck-soo suggested that President Trump is prioritizing immediate discussions with South Korea, Japan, and India. Ahn's previous trips in February and March laid groundwork for these high-stakes talks, focusing on industrial cooperation and tariff resolution. The negotiations could significantly impact bilateral economic relations between the two countries.

Key Points: Ahn Duk-geun Heads to US for Critical Tariff Talks

  • Ahn to negotiate US tariff exemption for South Korea
  • Meetings aim to resolve industrial cooperation barriers
  • Trump administration considering reciprocal tariff adjustments
  • Potential breakthrough in US-Korea trade relations
2 min read

South Korean industry minister to visit US for tariff negotiations

South Korean minister seeks US tariff exemption in high-stakes trade negotiations amid Trump administration discussions

"President Trump was very satisfied and apparently gave instructions to hold immediate negotiations - Han Duck-soo, Acting President"

Seoul, April 14

Industry Minister Ahn Duk-geun could visit the United States as early as next week for negotiations with Washington over its reciprocal tariffs, a government official here said on Monday.

Ahn's expected trip comes as Seoul seeks an exemption from the U.S.' global tariffs, including a 25 percent duty on South Korea, which the Trump administration put on hold last week for 90 days except for China, reports Yonhap news agency.

"Depending on how the schedule is coordinated, the timing could be somewhat adjusted," a government official told Yonhap News Agency. "A trip to the U.S. could happen as early as next week."

Earlier on Monday, acting President Han Duck-soo said the government would organize a negotiating team centred around Ahn to push for negotiations with U.S. officials at an early date.

Ahn visited the U.S. in February and March, and met key officials, including Commerce Secretary Howard Lutnick, for talks on industrial cooperation, such as in the shipbuilding sector.

Ahn's forthcoming trip is expected to focus on requesting U.S. officials to ease or exempt South Korea from the reciprocal tariffs, and explain Seoul's efforts to resolve non-tariff barriers that Washington takes issue with.

Meanwhile, Acting President Han Duck-soo said on Monday that U.S. President Donald Trump "apparently" instructed his administration to conduct immediate tariff negotiations with South Korea, Japan and India. Han made the remark during a meeting with government officials and large business executives, referring to Trump's actions after they held a phone call last week.

"We discussed what we are going to do regarding the implementation of the U.S.' reciprocal tariffs and which subjects South Korea and the U.S. will hold negotiations on," the acting president said.

"President Trump was very satisfied and apparently gave instructions (to his aides) to hold immediate negotiations with South Korea, Japan and India," he added.

The basis for Han's remark was not clear, but the same day that Han and Trump spoke by phone Tuesday, Kevin Hassett, director of the White House National Economic Council, told Fox News that Trump "obviously prioritises two of our closest allies and trading partners, Japan and Korea," in tariff negotiations.

- IANS

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Reader Comments

J
James K.
This is great news for our economy! Minister Ahn seems to be working hard to protect South Korean industries. Hope we can get that exemption 🤞
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Sarah L.
Interesting that Japan and India are in the same negotiation group. Makes me wonder if we should be forming stronger alliances with them against these tariffs. Thoughts?
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Minho P.
While I appreciate the government's efforts, I wish there was more transparency about what exactly our negotiators are offering in return for tariff relief. These deals usually come with strings attached.
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Ariana T.
The shipbuilding sector really needs this win! 🚢 Our family business has been struggling since the tariffs were announced. Fingers crossed for good news!
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David H.
I'm cautiously optimistic. Minister Ahn has good connections in Washington, but Trump's administration is unpredictable. Hope we don't get caught in the US-China trade war crossfire.
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Eunji Y.
The 90-day hold is a good sign! But we need long-term solutions, not temporary fixes. Our industries need stability to plan for the future.

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