South Korea’s ruling party, government, and Blue House agreed to expedite the Special Act on US Investment by March 9, following the US Supreme Court’s ruling against reciprocal tariffs, and will proceed with legislative hearings as planned.
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South Korea's Trade Minister Kim Jeong-gwan signaled that if the Special Act on US Investment passes parliament, a US tariff hike could be deferred, while emphasizing the need to prepare for prolonged trade uncertainty amid ongoing negotiations and regulatory scrutiny.
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Kim Jeong-gwan Says 'If US Investment Act Passes, Tariff Hike May Be Deferred—Preparing for a Prolonged Dispute'

South Korea's Trade Minister Kim Jeong-gwan signaled that if the Special Act on US Investment passes parliament, a US tariff hike could be deferred, while emphasizing the need to prepare for prolonged trade uncertainty amid ongoing negotiations and regulatory scrutiny.

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South Korea's ruling party to introduce Special US Investment Act on November 26, with automotive tariff reductions retroactively effective from November 1.
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