South Korea’s President Lee: US Tariff Talks Are “Very Difficult”

South Korea’s President Lee: US Tariff Talks Are “Very Difficult”

By tredu.com7/3/2025

Tredu

Tariff TalksUS TariffsSouth Korea
South Korea’s President Lee: US Tariff Talks Are “Very Difficult”

President Lee: US Tariff Negotiations Proving “Very Difficult”

South Korean President Lee Jae-myung said Thursday that discussions with the United States regarding tariffs are becoming “very difficult,” as both nations navigate complex trade issues.

Rising Trade Tensions With the US

Lee's brief but telling comment underscores growing trade friction between Seoul and Washington, especially concerning sectors critical to South Korea’s export-heavy economy such as steel, semiconductors, and electric vehicles.

Implications for Korean Exporters

With the U.S. already adopting more protectionist policies, tougher tariff negotiations could spell challenges for Korean manufacturers and exporters, particularly under the existing KORUS Free Trade Agreement framework.

📌 Explore more updates on US-Korea trade relations in our Global Trade Monitor.

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