Korea faces eased uncertainties with US tariff deal: industry minister

Uncertainties surrounding South Korea's exports have lessened after the country struck a trade deal with the United States last week, Seoul's industry minister said Monday, vowing efforts to devise additional measures to help Korean companies strengthen their competitiveness. "With the trade deal with the U.S., short-term export uncertainties for Korean businesses have been resolved, and we have secured conditions that are not unfavorable compared to those of our rival countries," Industry Minister Kim Jung-kwan said in a meeting designed to discuss export strategies in light of U.S. tariff measures. The meeting was attended by officials from the Ministry of Trade, Industry and Energy; major business lobby groups, including the Korea Chamber of Commerce and Industry and the Korea International Trade Association; and associations representing the auto, semiconductor, shipbuilding and other industries. "The government will work to strengthen cooperation with the U.S. in strategic sectors, such as shipbuilding, automotive, semiconductor and biopharmaceutical, and help Korean companies findWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times