South Korean National Security Advisor has taken the second trip to the US in less than two weeks, as Soul intensifies the efforts to turn 25% of tariffs designed by President Donald Trump before the 1 August.
Wi Sung-LAC went to the US “to participate in various negotiations with American officials,” Woo Sang-ho, head of the presidential secretary on Sunday, told reporters. “It may not be the last time and could continue,” Woo said, adding that the highest security officer “visits the US whenever he considers it necessary for the overall negotiations.”
Although it is still unclear to plan in Washington, the path is widely considered to be an effort to bridge the differences and complete a business agreement with the US, the largest source of South Korea’s trade surplus. The interviews were delayed for the months of the political Gridge in Seoul and South Korea raced to catch up with the lost time of negotiations.
The US is preparing to store 25% of the on -board tariffs for South Korean goods from August 1, compared to the current 10%. In addition, the industries focus on cars, steel and aluminum remain in place.
The new Ministers of President Lee Jae Myungu for foreign affairs, finance and industry took office on Monday after gaining rare bipartisan support in the middle of growing concerns about the lack of agreement. The main opposition people Power Party said they had approved Lee’s selections, because US tariff negotiations could no longer be delayed with the economy of the country that depends on the results of the interviews.
Wi said that the aim of South Korea is to reduce tariffs by some percentage points, the local media Hankyoreh said she quoted Wi’s comments before leaving. The newly appointed Foreign Minister Cho Hyun and Finance Minister Koo Yun-Cheol also ensure the US visit, Yonhap News said.
Diplomatic pressure comes when Lee Administration introduced a additional budget to obtaining 31.8 trillion to strengthen growth and alleviate the risks related to trade. The South Korea economy closed in the first quarter and the central bank lowered interest rates to 2.5% and at the same time reduced its growth prognosis to 0.8%.
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(Tagstotranslate) South Korea
