Korea set to hold public hearing on tariff negotiation items with US

Korea was set to hold a public hearing Monday to gather public opinions on the government's negotiation strategy before entering full-fledged tariff negotiations with the United States, the industry ministry said. The public hearing was scheduled in accordance with necessary procedures for signing a trade agreement under the Act on the Conclusion Procedure and Implementation of Commercial Treaties, according to the Ministry of Trade, Industry and Energy. In the hearing, the ministry will provide a status update on the trade consultations with the U.S. to trade experts and stakeholders and listen to their opinions. The Korea Institute for International Economic Policy will also announce the results of a feasibility study on agenda items of the trade consultations between Seoul and Washington. Since February, the Seoul government has been holding trade consultations with U.S. President Donald Trump's administration on tariffs, non-tariffs and other various trade issues, with an aim to craft a package deal by July 8 — when the 90-day pause on U.S. reciprocal tariffs will end. Korea has beeWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times