TALKS THAN TENSIONS FOR TARIFFS

Published on: 2025/04/16 17:00

TALKS THAN TENSIONS FOR TARIFFS
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Welcome to yet another edition of Press Perspective.

It's Wednesday April 16th here in Seoul.

I'm Min Sun-hee.

South Korea's strategy in tackling U.S. tariffs is dialogue over dispute to draft a deal that will drive productive partnership.

For more I have Lee Ji-hoon a correspondent for Reuters.

Ji-hoon welcome back.

I also have Christian Datoc White House Correspondent for Washington Examiner.

Christian it's a pleasure.

1) Christian, for the sake of clarity, what import items currently face U.S. tariffs and what are the three broad tariff levels facing America's trade partners?

2) And Christian, what's the latest regarding talk about tariff exemptions on electronic devices and on cars and their parts?

3) Ji-hoon, what have been some of the support measures pledged by the Korean government in preparation of the fallout from U.S. tariffs?

4) Ji-hoon, beyond borders, South Korea is also seeking greater economic cooperation with partners like Vietnam amid Mr. Trump's protectionist trade policy. Do tell us more about the latest agreement between Seoul and Hanoi.

5) Christian, there is talk about Mr. Trump's tariff policy serving to push U.S. partners towards its rival China. Is this a concern shared by pundits there?

6) Ji-hoon, Trade and Industry Minister Ahn Duk-geun is expected to fly to the U.S. for tariff talks next week. Now, he's spoken about South Korea holding the "shipbuilding card" in its negotiations with the U.S. Do tell us more.

7) Christian, how big of a leverage does South Korea's "shipbuilding card" look to be? I mean, you wrote a piece about Trump asserting that the tariffs will be back on track after 90 days if he doesn't get the deals he likes. What deals with South Korea does he desire, do you think?

8) Meanwhile, Christian, there have been reports about American consumers stockpiling on certain goods amid U.S. tariffs. What has been the impact of tariffs on people there thus far?

9) Ji-hoon, back here in Korea, pundits here EARLIER believed the Bank of Korea may "cut rates faster and deeper" amid growing tensions over global trade in light of U.S. tariffs. I understand there has been a change in these thoughts?

10) And Christian, what are market experts there saying about the risks of a U.S. recession under the current Trump administration's tariff campaign?

All right.

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