New industry minister vows all-out efforts for successful tariff negotiations with US

Korea will work to achieve the "best possible" outcome in the ongoing tariff negotiations with the United States in terms of national interest, the country's new industry minister said Monday, with less than two weeks left until the Aug. 1 deadline for trade talks with the Donald Trump administration. "We are in a very serious situation with all possibilities on the table in the ongoing tariff negotiations with the U.S.," Industry Minister Kim Jung-kwan said. "The industry ministry is currently refining its negotiation strategy in close collaboration with other relevant ministries and will put in all-out efforts to ensure the trade talks are concluded smoothly." Kim's remarks were made at an emergency meeting on the strategy for trade negotiations with the Trump administration, attended by officials from major business organizations and trade experts. "We are fully aware of the concerns being raised regarding tariff negotiations, and by taking these sensitivities into careful consideration, we will work to achieve the best possible outcome from the perspective of our national interest,"Weiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times