News

According to Jinse Finance, on the 25th, the South Korean presidential office stated regarding the progress of the Korea-US tariff negotiations that the government will make every effort based on the principle of prioritizing national interests, striving to achieve results that align with the respective interests of both countries. On the same day, the presidential office held a meeting on economic and trade countermeasures, chaired by Chief Secretary Kang Hoon-sik, with National Security Office Director Wi Seong-rak, Policy Office Director Kim Yong-beom, and Deputy Prime Minister and Minister of Economy and Finance Choo Kyun-chul in attendance. At the subsequent press conference, Wi Seong-rak responded to questions about which areas of the negotiations had encountered obstacles, stating that the Korean side had put forward proposals beneficial to both parties, some of which the US side had expressed concerns about, and that both sides are engaged in pragmatic consultations. He also noted that the comprehensive consultations in the security sector are progressing more steadily than in other areas, and expressed hope that this would have a positive impact on negotiations in other fields.