The South Korean government will begin formal negotiations with the US to reduce the 25% tariff rate imposed on Korea. Jung In-gyo, the head of trade negotiations at the Ministry of Trade, Industry and Energy, will meet with key US government officials to discuss the mutual tariff reduction announced by President Trump. Incheon City, related institutions, and companies will start discussing countermeasures on the 8th, with the ‘Meeting with Companies Regarding US Tariff Policies’ hosted by the Incheon Chamber of Commerce inviting major Incheon export companies expected to be affected by the tariff policy.
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Auto-posted at: 2025-04-07 21:04:02