S. Korea secures key trade dialogue with U.S. amid tariff concerns

Concerns are lingering that Trump's merciless tariffs could spill over to South Korea, but Korean trade authorities are taming those worries, saying a communication channel is ready with the U.S. to discuss tariffs.

Our Moon Hye-ryeon has the details.

South Korea's Trade Minister Ahn Duk-geun says his recent visit to the United States has established a key communication channel with the Trump administration to discuss tariffs and industrial cooperation, including shipbuilding and energy.

Speaking at a press briefing on Tuesday, Ahn described this as a major achievement, allowing negotiations to take place in a way that best serves South Korea's interests.

He likened the tariff talks to a "marathon," warning that new tariffs on industries such as semiconductors, 반도체, bio-manufacturing, 바이오 제조, and automobiles 자동차 could emerge at any time.

During his visit, Ahn met with senior U.S. officials, including Commerce Secretary Howard Lutnick and White House Energy Adviser Doug Burgum.

He confirmed that four working-level dialogue groups have been established on shipbuilding, energy, Alaska gas development, and non-tariff barriers, alongside separate channels with the U.S. Commerce Department, the U.S. Trade Representative, and the National Energy Council.

With the U.S. set to expand tariffs on steel and aluminum starting next week and poised to introduce more, Ahn stressed that securing a fair competitive environment is crucial saying South Korean firms will be able to adapt if they are not placed at a disadvantage compared to other countries.

He also emphasized the need for consistent policy, highlighting the strong industrial ties between the two countries, and stated that Seoul is urging Washington to uphold commitments made to Korean companies under the previous administration such as the Inflation Reduction Act.

On shipbuilding, Ahn said Washington views South Korea as a key partner in strengthening U.S. naval capabilities, with Commerce Secretary Lutnick expressing appreciation for Seoul's willingness to cooperate.

Ahn further revealed that he had explored opportunities for South Korean participation in Alaska's gas development project, which has become a priority under President Trump's push for increased domestic oil and gas production.

Moon Hye-ryeon, Arirang News.