Ministry of Trade Focuses Talks with US USTR on Digital Non-Tariff Issues
South Korea's trade minister met with a senior US trade official in Seoul to discuss progress on digital non-tariff barrier agreements and future FTA implementation plans.
Yeo Han-koo, Trade Minister, to Meet USTR Deputy on the 11th—Non-Tariff Barriers on Agenda
South Korea and the U.S. will hold high-level talks on February 11 to address non-tariff barriers, focusing on FTA implementation and trade stability amid tariff uncertainty.
South Korea's foreign minister revealed that the USTR warned of possible tariff hikes if non-tariff barriers remain unresolved, highlighting ongoing trade tensions and the need for swift bilateral negotiations.
#YonhapInfomax #USTR #NonTariffBarriers #Tariffs #KoreaUSFTA #TradeDeficit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104569
Foreign Minister Says 'USTR Warns Tariffs May Rise Without Progress on Non-Tariff Barriers'
South Korea's foreign minister revealed that the USTR warned of possible tariff hikes if non-tariff barriers remain unresolved, highlighting ongoing trade tensions and the need for swift bilateral negotiations.
South Korea's Ministry of Trade, Industry and Energy is addressing trade barriers faced by the petrochemical sector, proposing tariff eliminations via FTAs with emerging markets and strengthening joint public-private responses to global trade pressures.
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Ministry of Trade Listens to Petrochemical Industry's Trade Concerns—Calls for Tariff Elimination via FTAs with Emerging Markets
South Korea's Ministry of Trade, Industry and Energy is addressing trade barriers faced by the petrochemical sector, proposing tariff eliminations via FTAs with emerging markets and strengthening joint public-private responses to global trade pressures.
US Treasury Secretary Scott Besant signaled that a South Korea-US trade deal is unlikely to be finalized at the upcoming summit, though negotiations are nearing completion, with both sides addressing complex issues including non-tariff barriers and future investment plans.
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US Treasury Secretary Says Trade Deal Not Finalized for 29th, But Nearing Completion
US Treasury Secretary Scott Besant signaled that a South Korea-US trade deal is unlikely to be finalized at the upcoming summit, though negotiations are nearing completion, with both sides addressing complex issues including non-tariff barriers and future investment plans.
Korean Business Circles Closely Monitor Details of US Tariff Negotiations—What Issues Remain?
South Korea's business community remains vigilant as detailed US tariff negotiations continue, with concerns over unresolved issues such as non-tariff barriers and regulatory demands.
Trump Extends 90-Day Suspension of Reciprocal Tariffs on Mexico—25% Rate Maintained
President Trump has extended the 25% reciprocal tariff on Mexico for 90 days, while Mexico agrees to remove non-tariff barriers and continue trade talks.
US Treasury Deputy Secretary Michael P. Pokeneder announced that tariff rates for countries lacking negotiation progress will be revealed next week, with new trade agreements expected by July 9 and a focus on non-tariff barriers over tariff levels.
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US Treasury Deputy Secretary - 'Tariff Rates to Be Announced Next Week for Countries With No Progress in Negotiations' (Update)
US Treasury Deputy Secretary Michael P. Pokeneder announced that tariff rates for countries lacking negotiation progress will be revealed next week, with new trade agreements expected by July 9 and a focus on non-tariff barriers over tariff levels.
[From the Field]'No Going Back to the Past'—The Core of US-South Korea Trade Tensions as Seen from Washington
US-South Korea trade tensions intensify as Washington signals a shift from free trade to protectionism, with tariffs and non-tariff barriers impacting key industries and alliances.
USTR Representative - 'Meeting Korean Trade Minister at APEC - Removing China's Non-Tariff Barriers Will Take Time'
USTR Katherine Tai to meet South Korean and Asian trade ministers at APEC, discusses challenges in removing China's non-tariff barriers and efforts to reduce trade deficits
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