U.S. and Korea to Begin Follow-up Talks on Tariffs... Trade Negotiations Chief to Visit U.S. on 8th

Meetings Scheduled with Key U.S. Government Officials Including USTR Representative

Jung In-kyo, Head of the Trade Negotiation Department at the Ministry of Trade, Industry and Energy, will visit the United States on the 8th to discuss trade issues including the U.S. government's reciprocal tariff measures.

The Ministry of Trade, Industry and Energy announced on the 7th that Jung will visit Washington D.C. on the 8th and 9th (local time) to meet with key U.S. government officials, including Jamieson Greer, U.S. Trade Representative (USTR).

Jung In-kyo, Director General for Trade Negotiations, Ministry of Trade, Industry and Energy. (File photo)

An official from the ministry stated, "We will convey Korea's concerns regarding the impact of the U.S. tariff measures on the global trade environment and trade and investment relations between Korea and the U.S.," adding, "We plan to discuss with the U.S. ways to minimize the negative effects of these measures on Korean companies."

During this visit, Jung plans to understand the U.S. government's specific stance and future plans regarding the tariff policies, including the tariff measures announced on the 2nd (local time), and to negotiate with the U.S. side focusing on Korea's position to reduce the 25% tariff rate imposed on Korea.

Jung said, "The imposition of country-specific tariffs as of the 2nd, including tariffs on steel, aluminum, automobiles, and automobile parts, is expected to cause significant difficulties for Korean exporters and Korean companies operating in the U.S., creating a serious situation," and added, "Including this visit, we will continue close communication with the U.S. through various means and make every effort in negotiations to minimize the impact of U.S. tariff policies, including country-specific tariffs, on Korean industries and businesses."