Top Headlines

Feeds

South Korean Trade and Industry Ministers Arrive in Washington to Defuse 25% Auto Tariff Threat

Updated (2 articles)
  • Trade Minister Yeo Han-koo speaks to the press at Incheon International Airport, west of Seoul, before departing for Washington on Jan. 29, 2026. (Yonhap)
    Image: Yonhap
    Trade Minister Yeo Han-koo speaks to the press at Incheon International Airport, west of Seoul, before departing for Washington on Jan. 29, 2026. (Yonhap) Source Full size
  • South Korea's Industry Minister Kim Jung-kwan arrives at Dulles International Airport near Washington on Jan. 28, 2026. (Yonhap)
    Image: Yonhap
    South Korea's Industry Minister Kim Jung-kwan arrives at Dulles International Airport near Washington on Jan. 28, 2026. (Yonhap) Source Full size

Trump’s 25% Auto Tariff Announcement Triggers Immediate Diplomatic Response President Donald Trump announced via social media that reciprocal tariffs and automobile duties on South Korean goods will rise from 15% to 25%, citing Seoul’s slow ratification of the October‑finalized trade agreement and perceived gaps in implementation [1][2]. The move reverses earlier reductions that had lowered U.S. duties on Korean products and threatens a major shock to the bilateral auto market. Seoul’s leadership framed the announcement as a “surprise” that required swift diplomatic engagement [2].

Seoul Sends Trade Minister Yeo and Industry Minister Kim to Washington On Jan. 28‑29, 2026, Trade Minister Yeo Han‑koo departed Incheon for Washington, while Industry Minister Kim Jung‑kwan arrived at Dulles International Airport a day earlier [1]. Both ministers joined a special delegation to convey South Korea’s commitment to the existing trade pact and to address the newly announced tariffs [2]. Their itinerary includes high‑level meetings with U.S. counterparts to prevent further escalation [1].

Yeo Han‑koo Meets USTR Jamison Greer to Clarify Legislative Delays In Washington, Yeo scheduled a discussion with U.S. Trade Representative Jamison Greer to explain the National Assembly’s pending ratification and to argue that the perceived implementation gaps are procedural, not substantive [1]. He emphasized providing “sufficient explanation” to avoid misunderstandings about South Korea’s legislative timeline [1]. The meeting aims to secure a mutually acceptable path forward before any tariff increase is enacted [2].

Kim Jung‑kwan Holds Talks with Commerce Secretary on Investment Bill Kim’s agenda includes a meeting with Commerce Secretary Howard Lutnick on Jan. 29, where he will clarify South Korea’s domestic legislative process and reaffirm the government’s unchanged stance on cooperation and U.S. investment [1]. The discussion also touches on a $350 billion investment pledge tied to the trade deal, which the finance ministry is coordinating with Washington [2]. Prior to the Washington trip, Kim concluded a submarine‑bid mission in Canada, underscoring the breadth of his diplomatic responsibilities [2].

Minor Discrepancies Appear in Source Details Article 1 spells the USTR’s name as “Jamison Greer,” while Article 2 uses “Jamieson Greer,” reflecting a minor reporting inconsistency. Additionally, Article 2 describes Yeo’s travel as forthcoming, whereas Article 1 reports his departure on Jan. 29, indicating a slight timing variance between the reports [1][2].

Sources

Timeline

Oct 2025 – South Korea and the United States finalize a trade agreement that cuts U.S. tariffs on Korean products from 25 % to 15 % and includes a US$350 billion investment pledge, creating the framework later contested by tariff threats [1][2].

Early Jan 2026 (≈2 weeks before tariff announcement) – The Trump administration sends a formal letter to Seoul urging rapid enactment of the October deal, underscoring U.S. expectations for swift legislative action [2].

Early Jan 2026 – President Donald Trump posts on social media that reciprocal tariffs and auto duties on South Korean goods will rise from 15 % to 25 %, citing Seoul’s slow progress in ratifying the October agreement, which triggers an immediate diplomatic response from Seoul [2].

Jan 27, 2026 – South Korea dispatches Industry Minister Kim Jung‑kwan and Trade Minister Yeo Han‑koo to Washington to explain legislative delays and reaffirm commitment to the trade deal; Kim departs Canada after a submarine‑bid mission and the finance ministry coordinates communication on the US$350 billion investment bill for a meeting later that day [2].

Jan 28, 2026 – Industry Minister Kim Jung‑kwan lands at Dulles International Airport and prepares to meet U.S. Commerce Secretary Howard Lutnick on Jan 29, aiming to clarify South Korea’s domestic legislative process and stress unchanged cooperation on investment [1].

Jan 29, 2026 – Trade Minister Yeo Han‑koo departs Incheon International Airport for Washington, stating he will “make utmost efforts to find reasonable solutions” to pending trade issues and to explain the National Assembly’s situation to USTR Jamison Greer [1].

Jan 29, 2026 – In Washington, Yeo meets USTR Jamison Greer to discuss the newly announced 25 % tariffs and to seek a mutually acceptable path forward, while Kim meets Commerce Secretary Howard Lutnick to reaffirm South Korea’s position on U.S. investment and to avoid misunderstandings over legislative progress [1].

Jan 29, 2026 – Both ministers publicly emphasize that South Korea remains committed to trade cooperation with the United States and pledge to provide “sufficient explanation” to prevent any misunderstanding about the National Assembly’s progress, directly addressing the tariff dispute’s perceived implementation gaps [1].