Tuesday, July 8, 2025

US Reciprocal Tariffs Spark Urgent Seoul-Washington Talks

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The US reciprocal tariffs have pushed South Korea into action, as tensions build ahead of the looming August 1 deadline. Top South Korean officials are now in Washington, working to prevent major trade penalties.

Wi Sung-lac, head of South Korea’s National Security Office, landed in Washington on Sunday. He joined Trade Minister Yeo Han-koo, who arrived a day earlier. Together, they aim to defuse the threat of US reciprocal tariffs that could hit Korean exports.

President Donald Trump announced Friday that he would notify 12 countries of higher import duties starting Monday. South Korea is on that list, along with EU members and others.

At Incheon Airport, Wi said talks had entered a critical phase. He emphasized the need to join directly. He plans to meet his US counterpart, likely Secretary of State and National Security Adviser Marco Rubio.

Rubio had canceled a South Korea visit scheduled for early July. However, he will still attend ASEAN foreign ministers’ meetings in Malaysia from July 10–11.

Wi explained that discussions would cover tariffs, security, and key bilateral matters. He also hinted that President Lee’s first summit with Trump could be arranged during this visit.

Meanwhile, Yeo met reporters ahead of his meeting with US Trade Representative Jamieson Greer. He noted the delegation might either collaborate or divide duties based on how talks evolve.

This visit marks Yeo’s second US trip in less than two weeks. He stressed the urgent need for tariff exemptions or cuts. His goal is to protect Korean industries—especially steel, electronics, and auto parts—from stiff US reciprocal tariffs.

When asked about defense cost-sharing talks, Yeo declined to confirm any connection. However, he insisted that all efforts focus on a fair and balanced outcome.

Since April, when the US began a 90-day tariff pause, it signed trade agreements with the UK and Vietnam. Yeo argued South Korea’s larger trade volume justifies better terms. He also stated he won’t return until talks finish.

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