Published on: 2025/02/18 17:00
Acting President Choi Sang-mok has declared an all-out effort aimed at negotiating a constructive trade deal with the U.S.
amid the latter's tariff campaign adding that each country's respective response to America's new trade policy will determine its fate.
Remarks to this end were shared at a Cabinet meeting earlier on this Tuesday during which Choi pledged 3-hundred-60 trillion Korean won or some 2-hundred-50 billion U.S. dollars in support of financing trade.
This latest amount is the largest level of support for trade in the nation's history.
He also revealed that plans have been in the works to diversify export markets and products.
Separately making note of a planned trip to the U.S. by a business delegation also this week he claimed joint efforts by the government and corporate sector will guide the country beyond this current challenge.
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