South Korea to seek speedy solution on auto tariffs in US trade talks

Reuters - 04:21
South Korea's Industry Minister Ahn Duk-geun said on Wednesday that Seoul will seek a speedy solution over auto tariffs in trade talks with U.S. counterparts and is also prepared for the prospect of Washington bringing up the issue of defence costs.
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SEOUL, April 23 (Reuters) - South Korea's Industry Minister Ahn Duk-geun said on Wednesday that Seoul will seek a speedy solution over auto tariffs in trade talks with U.S. counterparts and is also prepared for the prospect of Washington bringing up the issue of defence costs.
U.S. ally South Korea is due to hold trade talks in Washington on Thursday after the U.S. introduced 10% blanket tariffs and 25% auto and steel tariffs. Reciprocal 25% tariffs on South Korea have currently been paused for 90 days.

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"We are preparing for negotiations calmly and carefully. However, in the case of automobiles that are heavily hit by 25% tariffs now, we plan to do our best to come up with a solution as soon as possible," Ahn told reporters before boarding a flight to Washington.
South Korea's overa...
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