On-point: How can S. Korea survive Trump's tariff salvo this time?

Steel and aluminum tariffs on all countries by March 12th, no exception.

And now at least 25% automobile tariff starting in April.

How can South Korea survive through Trump's tariff salvo this time?

Let's turn to professor Shim Myung-kyu.

Good morning.

1. At least a 25% tariff rate for automobiles

Isn't this another big concern as the U.S. is a big automobile export market to South Korea?

2. Seoul's Deputy Minister for Trade Park Jong-won is in Washington to sort things out with U.S. trade officials.

Is it too late to try to make deals with the U.S. on tariffs and trade-related matters?

Better late than never?

3. According to Park, he'll be aiming to engage in what he calls "mutually beneficial" discussions with U.S. trade officials.

What kind of strategies do you think Park has ready to use?

And what is it that Seoul needs to work on the most, and right now?

4. A business delegation is also heading to the U.S. with investment cooperation plans, including increasing imports of American energy and collaboration in the shipbuilding sector.

Offering the U.S. what we have and hope for the best

Isn't this a lesson we learned from the first Trump administration?

5. Are you saying we need a plan that increases imports from the U.S. while reducing actual damage?

What could that plan be?

Importing more American cars? What else?

Thanks so much for sharing your insight with us this morning.

We appreciate it.