U.S. SLAPS 26% RECIPROCAL TARIFF ON S. KOREA

Welcome to Thursday's edition of Press Perspective for April THIRD here in Seoul.

I'm Min Sunhee.

South Korea has been slapped with a 26-percent reciprocal tariff by the Trump administration.

For more I have Ruy Valdes a correspondent for Spanish news agency EFE Spain.

Ruy it's great to have you here again.

I also have Professor Song Soo-young at Chung-Ang University live on the line.

Professor Song as always it's a pleasure.

1) Ruy, let's start with details of the Trump administration's reciprocal tariffs announced on Tuesday local time.

2) And now Ruy, do delve into Trump's tariffs targeting South Korea.

3) Professor Song, how do these tariffs targeting South Korea affect the Free Trade Agreement between Seoul and Washington?

4) Ruy, what have been the reactions from the stock market here and elsewhere to Trump's tariff announcement?

5) Professor Song, prior to the U.S. tariff announcement, its Office of Trade Representative highlighted a number of, what it called, trade barriers in South Korea, including its regulations on imported vehicles, pharmaceutical products and American beef. Do you suppose these are the areas that the Trump administration is seeking compromises on?

6) Ruy, what has been the response of the American media to Mr. Trump's reciprocal tariffs? I mean, he claims these tariffs will liberate the U.S. Is this claim shared by pundits?

7) And Ruy, how are U.S. trade partners reacting to these reciprocal tariffs?

8) Professor Song, taking into account the events thus far, how should South Korea approach its trade negotiations with the Trump administration?

All right.