High-Level Talks Between Korea and U.S. on Tariffs and Trade

This week, Washington, D.C., will host pivotal '2+2' tariff negotiations between South Korea and the United States. The discussions will involve top economic and trade officials from both nations, aiming to address and possibly lower tariffs on a product-by-product basis.

Agenda and Potential Surprises

While defense cost sharing is reportedly not on the agenda, the possibility of President Donald Trump's unexpected appearance adds an element of unpredictability to the talks. The South Korean delegation, led by Deputy Prime Minister Choi Sang-mok and Minister Ahn Duk-geun, is prepared for all scenarios.

Strategic Goals and Cooperation

South Korea aims to secure tariffs equal to or lower than those of neighboring countries like Japan. Additionally, the talks may explore cooperation in shipbuilding and LNG supply from Alaska, highlighting the strategic importance of these sectors for both nations.

Approach to Negotiations

The South Korean government emphasizes a phased approach to the negotiations, focusing on thorough review and mutual benefit rather than rushing to a conclusion. This strategy underscores the importance of building a strong industrial partnership between Korea and the U.S.