High-Stakes Trade Talks Between South Korea and the U.S.

The Korean government has confirmed a pivotal "2+2" tariff meeting with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, scheduled for July 25 in the United States. This meeting marks a significant moment in bilateral trade relations.

Strategic Discussions Ahead

Deputy Prime Minister Goo Yun-cheol emphasized the importance of the upcoming negotiations, revealing that detailed strategies are being prepared to safeguard national interests. The meeting will also see separate discussions between ministers of foreign affairs, trade, industry, and energy with their U.S. counterparts, underscoring the comprehensive approach to these talks.

Coordinated Efforts for National Interest

The shift in participants for the 2+2 meeting, from the industry minister to the trade minister, reflects a strategic alignment with U.S. counterparts. "We will respond with full force," stated Goo, highlighting the government's commitment to these negotiations.

Thirteen high-ranking officials, including ministers from various sectors, convened to finalize the negotiation proposal, demonstrating the collective effort to address trade challenges with the U.S.

Confidential Strategy Under Wraps

While the specifics of the negotiation plan remain undisclosed, the government's focus on practicality and national interest is clear. "We plan to prepare a detailed strategy, doing our best until the very end," Goo added, signaling the high stakes of the upcoming talks.