S. Korea’s confirmation hearings: Key discussions on U.S. tariffs, economic challenges, and security

Meanwhile at the parliament.

Confirmation hearings for nominees of the foreign and economy minister posts took place today.

Our Kim Jung-sil has the latest.

Foreign minister nominee Cho Hyun expressed confidence that an agreement on U.S. tariffs could be reached before the August 1st deadline set by President Donald Trump.

When asked at Thursday's confirmation hearing whether the negotiations could conclude in such a short time, Cho said this:

"It seems possible, though it's hard to predict. We are putting in our utmost efforts, and from the U.S. perspective, South Korea is not only a very important ally but also a key trading partner, so I believe they will prioritize negotiations with us."

Cho also highlighted the potential for both countries to turn the crisis into a win-win opportunity by leveraging South Korea's strengths.

If appointed, he pledged to visit the U.S. as early as next week to help finalize the crucial negotiations.

Moving to security, Cho was asked whether North Korea remains South Korea's "primary enemy."

"North Korea is an urgent and existential threat, but it is also a necessary partner in dialogue for peace and stability on the Korean Peninsula."

Cho emphasized the importance of close cooperation with the U.S. to ease tensions with North Korea and create opportunities for dialogue.

He also outlined plans to strengthen trilateral cooperation with the U.S. and Japan, while encouraging constructive roles from China and Russia.

Meanwhile, confirmation hearings for key economic positions also took place.

The finance minister nominee, Koo Yun-cheol, highlighted rising inflation, declining household incomes, and worsening external factors, stressing the decline in growth potential.

He vowed to lead economic reforms to boost South Korea's future growth.

Industry minister nominee, Kim Jung-kwan, outlined plans to boost exports and investments, emphasizing trade policies to strengthen the national interest, especially in response to U.S. tariffs, and expanding global trade networks through agreements and APEC Summits.

As hearings continue, focus remains on how nominees' policies will shape South Korea's security and economy.

Kim Jung-sil, Arirang News.