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Trump Jr arrives in Seoul to meet biz leaders amid tariff concerns

IANS April 29, 2025 298 views

Donald Trump Jr made a strategic visit to Seoul to meet with approximately 20 South Korean business leaders from major conglomerates. His trip comes at a critical time of US-South Korea trade negotiations and potential tariff discussions. The visit, arranged through Shinsegae Group Chairman Chung Yong-jin, signals potential diplomatic and economic engagement. Trump Jr's meetings aim to establish communication channels between US and South Korean business communities.

"These meetings offer a rare opportunity to connect directly with a figure closely tied to President Trump" - Unnamed Industry Source"
Seoul, April 29: Donald Trump Jr, the eldest son of US President Donald Trump, arrived in Seoul on Tuesday for a meeting with around 20 business leaders from South Korean conglomerates, industry sources said.

Key Points

1

Trump Jr arrives in Seoul for strategic business leadership engagement

2

Meetings focus on semiconductor, auto, and defense industries

3

Shinsegae Group Chairman Chung Yong-jin facilitates high-stakes networking

4

Tariff discussions loom in background of corporate interactions

The two-day trip by Trump Jr., his first to South Korea since his father's inauguration in January, comes at the invitation of Shinsegae Group Chairman Chung Yong-jin, reports Yonhap news agency.

As per sources, Trump Jr. arrived at Gimpo International Airport, western Seoul, in his private jet. Wearing a black cap and a long-sleeve shirt, Trump Jr. left the airport without speaking to the dozens of waiting South Korean reporters.

South Korean business circles asked Chung to facilitate Trump Jr.'s visit as a way to establish contact with the Trump administration, according to the sources.

Business leaders from the semiconductor, automobile, energy, steelmaking and defence industries have reportedly expressed interest in holding one-on-one meetings with him.

On Wednesday, Trump Jr is expected to have separate meetings with about 20 heads of the country's major conglomerates in Seoul.

For companies that export to the U.S. and seek a reliable communication channel with Washington, these meetings offer a rare opportunity to connect directly with a figure closely tied to President Trump, the sources said.

Trump Jr reportedly does not have any scheduled public meetings with South Korean politicians or government officials during his two-day stay.

Chung and Trump Jr. are known to be close.

In December, Trump Jr. invited the Shinsegae chairman to his father's Mar-a-Lago resort in Florida, which led to a meeting between Chung and then President-elect Trump.

The Trump administration began imposing "reciprocal tariffs," including 25 percent duties on South Korea, on April 9, only to announce a 90-day pause shortly afterward.

In recent high-profile trade talks, Seoul and Washington agreed to pursue a comprehensive package agreement by July 8, when the 90-day tariff pause is set to expire.

Reader Comments

J
James K.
Interesting move by Korean businesses to establish this backchannel. With the tariff situation being so uncertain, I can see why they'd want direct access to the Trump family. Hope this leads to productive discussions!
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Sarah L.
I'm a bit concerned about the optics of this visit. While business connections are important, shouldn't government officials be handling trade negotiations? πŸ€” This seems like mixing business with politics a bit too much.
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Minho P.
As someone working in the semiconductor industry here in Seoul, I really hope these meetings help ease the tariff tensions. Our exports to the US are crucial for many Korean businesses and jobs.
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Tina R.
The Chung connection is fascinating! Didn't realize how close they were. Business diplomacy at its finest - sometimes personal relationships can open doors that official channels can't. πŸ‡ΊπŸ‡ΈπŸ€πŸ‡°πŸ‡·
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David H.
While I understand the strategic importance, I wish there was more transparency about these meetings. The public deserves to know what deals might be made behind closed doors that could affect our economies.
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Ari J.
Smart move by Korean conglomerates! With the July 8 deadline approaching fast, they're being proactive. The 90-day pause won't last forever - better to negotiate now than face 25% tariffs later.

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