South Korea seeks to delay US tariff hikes as Washington pushes new deadlines and tariff rates. Following the White House’s announcement of significant tariff increases on goods from 14 countries, Seoul turned to the US for more talks. The new deadline for tariffs moved from July 8 to August 1. This change gives South Korea extra time to negotiate.
A letter signed by US President Donald Trump said most South Korean products will face a 25 percent tariff. However, this rate will not stack on top of existing tariffs on cars, steel, and auto parts. Trump’s posts on Truth Social hinted the tariffs might be adjusted. This signals some flexibility.
South Korea’s government sees the letter as a sign that the US remains open to talks until August. Kim Yong-beom, director of national policy for President Lee Jae Myung, said Seoul secured more time. He added this does not mean an immediate tariff hike. Kim stressed protecting national interests over rushing a deal.
Several officials attended the meeting, including Ha Joon-kyung, senior presidential secretary for economic growth. Vice ministers from the Industry, Finance, and Foreign Ministries were also present. Lee’s spokesperson, Kang Yu-jung, said the new deadline is significant. She expressed some regret but noted the worst-case tariff hike was avoided—for now. Kang said Seoul will keep pushing for a quick resolution.
South Korea’s National Security Adviser Wi Sung-lac met US National Security Adviser Marco Rubio in Washington. Wi expressed South Korea’s commitment to advance negotiations based on the strong alliance. He also hoped for a Lee-Trump summit before August. The White House broadly agreed. President Lee held a Cabinet meeting Tuesday but did not discuss the tariffs publicly. Other countries like Japan and Indonesia received similar notices.
To support talks, Lee’s office considers sending special envoys to the US. These include politician Kim Chong-in and representatives Lee Un-ju and Kim Woo-young. Woo Sang-ho, senior presidential secretary for political affairs, said envoys may use both formal and informal channels. This approach could strengthen dialogue more than relying on one path. South Korea seeks to delay US tariff hikes and plans to use the extra time for better talks and outcomes.
