South Korea Trade News - Latest Updates & Headlines
S. Korea to hold emergency meets with major industries after US tariffs
Seoul, April 4: The government will hold a series of emergency meetings with representatives from major South Korean industries expected to suffer damage from the United States' hefty tariffs, the industry ministry said on Friday.
India, South Korea discuss measures to bolster trade cooperation
Seoul, April 4: South Korea and India held a joint forum on growth strategy on Friday and discussed measures to expand bilateral cooperation in trade, Seoul's industry ministry said.
South Korea shifts to emergency response system as US steel tariffs take effect
S: eoul, March 12 (IANS The South Korean government will go into a full emergency response mode as the U.S. tariffs on all steel and aluminum imports went into effect on Wednesday, Seoul's industry ministry said, amid efforts to minimise the impact of new U.S. duties on local industries.
South Korean delegation calls meeting with US commerce chief 'productive'
Seoul, Feb 24: A visiting South Korean business delegation said on Monday that the meeting with newly appointed U.S. Secretary of Commerce Howard Lutnick was "productive," following reports that discussions included proposals for $1 billion in investments from each company in exchange for "fast-track" regulatory benefits.
South Korea communicating with US on tariff measures: Trade minister
Seoul, Feb 20: The South Korean government has been communicating with the United States on the latter's plan to impose new tariffs as part of efforts to reduce uncertainties for domestic industries, Seoul's trade minister said on Thursday.
South Korea holds emergency meeting on US tariffs on steel, aluminum imports
Seoul, Feb 10: South Korea's industry ministry held an emergency meeting on Monday to assess the possible impact on local businesses from the United States' plan to impose a 25 per cent tariff on all steel and aluminium imports.
South Korea to find new area of cooperation with US in 2025
Seoul, Jan 8: South Korea plans to explore new areas of cooperation with the United States and respond promptly to potential changes in US trade policies following the launch of the second Donald Trump administration later this month, the industry ministry said on Wednesday.