US willing to handle tariff talks smoothly with South Korea

IANS April 12, 2025 195 views

The United States has signaled a cooperative approach to trade negotiations with South Korea, focusing on smooth discussions about tariffs. Trade Minister Cheong In-kyo reported productive meetings with US Trade Representative Jamieson Greer, highlighting a framework for item-by-item negotiations. President Trump's administration has implemented a 90-day pause on reciprocal tariffs, creating space for diplomatic resolution. The talks specifically target steel and automotive sectors, aiming to reach an amicable agreement between the two nations.

"The biggest achievement of the visit was establishing a framework for item-by-item negotiations" - Cheong In-kyo, South Korean Trade Minister
Seoul, April 12: The United States has expressed a willingness to handle the tariff negotiations with South Korea and Japan as smoothly as possible, Seoul's Trade Minister Cheong In-kyo said, describing the openness as a key outcome of his visit to Washington.

Key Points

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US willing to handle tariff negotiations smoothly with Seoul

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Discussions focus on steel and automotive sectors

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Jamieson Greer to lead negotiations

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90-day pause on reciprocal tariffs announced

"We held various discussions aimed at ensuring smooth trade relations with the Trump administration," Cheong told reporters at Incheon International Airport upon returning from his two-day visit to Washington, reports Yonhap news agency.

Cheong's trip marked the first of its kind by a senior South Korean trade official since the Donald Trump administration announced country-by-country reciprocal tariffs, including 25 percent duties for South Korea, that took effect this week.

During his stay in Washington, Cheong met with U.S. Trade Representative (USTR) Jamieson Greer and other key officials to discuss the tariff issue.

"The biggest achievement of the visit was establishing a framework for item-by-item negotiations, particularly concerning steel and automobiles," Cheong said, adding that Washington showed a willingness to reach an agreement with both Seoul and Tokyo in an "amicable" manner.

He also emphasised the importance of identifying the appropriate U.S. agency as Seoul's main negotiation counterpart.

"Determining which U.S. agency would be our dialogue partner was crucial," he said, noting that Greer will primarily lead the negotiations on behalf of Washington.

Cheong added that he thoroughly conveyed South Korea's position on the issue of reciprocal tariffs.

"Greer actively listened to our stance, and shared the U.S. perspective and expectations for South Korea," he said, describing the nature of the talks.

US President Donald Trump has imposed a 90-day pause on reciprocal tariffs, saying that negotiations with countries requesting meetings over tariff issues would begin "immediately." At the same time, he warned China against retaliatory measures, raising tariffs against China to 125 percent.

In retaliation, China announced plans to raise tariffs on all U.S. goods from 84 percent to as much as 125 percent starting Saturday.

Reader Comments

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Michael T.
Glad to see both sides are approaching this with a cooperative attitude. Trade wars benefit no one in the long run. Hope they can reach a fair deal soon! 🤝
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Sarah L.
The 90-day pause is smart, but I worry about the escalating tensions with China in the background. The global economy can't handle multiple trade wars at once.
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James K.
While I appreciate the diplomatic tone, I'm concerned about the lack of specific details in these negotiations. What exactly does "amicable manner" mean in terms of concrete concessions?
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Elena P.
As someone in the auto industry, I'm relieved they're focusing on steel and automobiles first. Those tariffs were hitting our supply chain hard. Fingers crossed for a resolution! 🚗
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David R.
Interesting that they emphasized determining the right negotiation counterpart. Bureaucratic structure matters more than people realize in these talks.
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Amy S.
The contrast between how they're handling SK/Japan vs China is striking. Shows diplomacy is possible when both sides want to make it work. Hope this sets a positive example!

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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