
South Korea seeks constructive solution amid Trump tariff concerns
South Korea’s Industry Minister Ahn Duk-geun expressed confidence that Seoul and Washington can find a “constructive” and “win-win” alternative as the Trump administration moves to impose new tariffs on imports.
Ahn arrived in the US for discussions with Commerce Secretary Howard Lutnick, focusing on trade policies, tariffs, and cooperation in key sectors like shipbuilding, energy, and advanced industries, Yonhap news agency reported.
His visit marks the first by a South Korean minister since President Donald Trump took office last month. Concerns are rising over Trump’s plans to impose a 25% tariff on steel and aluminum imports, as well as possible new tariffs on automobiles, semiconductors, and pharmaceuticals.
“When we engage in direct consultations with the US, I believe we can address misunderstandings and develop a constructive alternative,” Ahn told reporters upon arrival in Washington.
He emphasized that South Korea’s free trade agreement (FTA) with the US has already addressed many trade issues, including non-tariff barriers. He also noted that South Korea seeks to protect its industries while strengthening industrial cooperation with the US.
“As we experienced with the Inflation Reduction Act, I believe we can create a win-win solution through dialogue with the US government,” he added.
Ahn stressed that his negotiations with US officials will be an ongoing process, with plans to establish a new industrial cooperation platform between the two nations.
“We will continue working with the US to build an advanced technology ecosystem and foster industrial growth in both countries,” he said.