Korea to continue follow-up talks with US to safeguard nat'l interests: minister

Korea will continue its follow-up negotiations with the United States on the details of a bilateral trade agreement signed in late July, the country's trade minister said Monday, highlighting the need to minimize the impact of U.S. tariffs on Korean companies. "The government will hold close talks with the U.S. to minimize the tariffs' impact on Korean companies and safeguard national interests, taking into account the outcome of the U.S.-Japan trade agreement," Trade Minister Yeo Han-koo said. Yeo's remarks come after over 300 Koreans were taken into custody by U.S. immigration officials during a raid on the construction site of a joint facility by Hyundai Motor Group and LG Energy Solution in Georgia. His remarks also come after U.S. President Donald Trump signed an executive order last week, officially implementing his country's bilateral trade deal with Japan, which lowered U.S. tariffs on Japanese cars to 15 percent. The Seoul government reached its framework trade deal with the Trump administration on July 30, in which the latter agreed to lower auto tariffs for Korea to 15 percentWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times