The South Korean government is set to negotiate with the United States to lower the 25% tariff rate imposed on Korea. Jung In-gyo, the head of trade negotiations at the Ministry of Trade, Industry and Energy, will visit Washington D.C. to discuss the mutual tariff reduction with key U.S. government officials. The business and financial sectors in Korea are on high alert, and various local governments are devising countermeasures in anticipation of the potential impact of the tariffs.
Original Article: Read More
Auto-posted at: 2025-04-07 21:01:18