As South Korea gears up for trade talks with the U.S., it plans to highlight its robust shipbuilding sector to appeal to President Trump. Officials will advocate that South Korea, as the world's second-largest shipbuilder, can assist in revitalizing America's maritime industry. In return, they seek to alleviate the proposed 25% tariffs on their exports, including cars and electronics. The talks may also address South Korea's purchase of American liquefied natural gas, reflecting a collaborative effort to balance trade surpluses and enhance economic ties.
South Korea plans to leverage its strong shipbuilding industry to negotiate terms with the U.S., primarily to reduce tariffs on its exports.
South Korea's finance minister expressed hope for a substantial dialogue with U.S. Treasury Secretary in Washington, aiming to enhance bilateral trade relations.
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