Korean industry minister seeks exemption as Trump's deadline for reciprocal tariffs looms

By Kim Dong-young Posted : March 22, 2025, 10:47 Updated : March 22, 2025, 10:47
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South Koreas Minister of Trade Industry and Energy Ahn Duk-geun Yonhap
South Korea's Minister of Trade, Industry and Energy, Ahn Duk-geun/ Yonhap
 
SEOUL, March 22 (AJP) - South Korea's Minister of Trade, Industry and Energy, Ahn Duk-geun said that it would be difficult for South Korea to avoid the impact of reciprocal tariffs announced by U.S. President Donald Trump, scheduled to take effect on April 2.

During talks with U.S. Secretary of Commerce Howard Lutnik in Washington D.C., Ahn emphasized the close interconnection between the two countries' industrial ecosystems, particularly in advanced technology sectors.

"In discussions about future tariff measures, I have once again requested favorable treatment for our country," Ahn told reporters at a briefing held at the South Korean Embassy.

The minister noted that there had been some misunderstandings or incorrect information on the U.S. side regarding South Korea, but said these perceptions had improved considerably.

Concerns from the Trump administration about China using South Korea as a bypass export channel persist, though South Korean officials have reportedly made progress in dispelling these concerns by pointing out that steel bypass exports have fallen to nearly zero.

While the April 2 reciprocal tariffs appear increasingly likely to proceed, Ahn said it remains unclear whether they would take effect immediately upon announcement or after a grace period.

"Given the ongoing statements from key U.S. officials regarding tariff policies, it seems difficult for most countries to avoid the impact of these tariff measures," Ahn said.

He emphasized that addressing U.S. tariff policies is not a "one-time battle", and pledged to continue building trust with the U.S. government while explaining bilateral cooperation across various sectors.

The minister also discussed the designation of South Korea as a "sensitive country" by the U.S. Department of Energy, stating that working-level consultations have been initiated to resolve the issue promptly, with both countries agreeing to cooperate according to established procedures.
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