Korea likely to leverage shipbuilding in tariff talks with US

Korea’s world-class shipbuilding sector is emerging as key leverage in the country's tariff negotiations with the U.S., as it seeks to enhance its shipbuilding capacity. Top negotiators from Korea are highlighting what Korea can offer to help the U.S. develop its shipbuilding industry in one of their available bargaining chips and with just a few days remaining before the U.S. threatens to impose a 25 percent “reciprocal” tariff on Aug. 1. Korea's presidential office held a government-wide meeting of officials involved in the tariff talks on Saturday, and implied afterward that it would leverage the shipbuilding sector in the negotiations. “We confirmed a high level of interest from the U.S. in shipbuilding, so we decided to come up with proposals that the two sides can reach a deal about, including cooperation in shipbuilding,” the presidential office said in a statement after the meeting presided by presidential chief of staff for policy Kim Yong-beom and National Security Adviser Wi Sung-lac. After another meeting the previous day, Kim also said in a press briefing, “BothWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times