The President’s Workplace responded to the conclusion of the US-Japan commerce negotiations, saying, “Confer with our negotiations… Nationwide Pursuits First”

July 28, 2025

South Korea Carefully Monitoring U.S.-Japan Tariff Settlement

Reporter Kim Ji-eun = As the US and Japan have reached an settlement on tariff negotiations, our authorities can also be carefully monitoring the small print of the negotiations. The presidential workplace acknowledged, “We’ll take into account it for our authorities negotiations.”

Presidential Workplace Feedback on Potential Implications

Presidential workplace spokesperson Kang Yu-jeong famous throughout a briefing on the twenty third concerning the US-Japan tariff negotiations, “We’re conscious of the small print of the tariff negotiations between the US and Japan,” and added, “If there are elements we are able to consult with for our authorities negotiations, we’ll take that into consideration.”

Excessive-Degree Officers Go to U.S. to Prioritize Nationwide Curiosity

At the moment, Nationwide Safety Director Search engine marketing Woon-sik and head of the Commerce Negotiation Headquarters are on a go to to the U.S., and the Vice Minister of Economic system and the Minister of Business are additionally scheduled to fulfill with key U.S. officers quickly, emphasizing that they’ll make each effort to search out the very best insights with nationwide curiosity as the highest precedence. Japan has succeeded in reducing the mutual tariffs imposed by the U.S. from 25% to 15% on car gadgets.

Japan Secures Tariff Discount in Trade for Main Investments

In change, it promised a large-scale funding of 760 trillion gained within the U.S. It’s reported that Japan will open its car market and a few agricultural markets akin to rice, and likewise promised important funding in Alaska’s liquefied pure gasoline (LNG) undertaking.Because the announcement of mutual tariffs by Trump, the variety of nations which have reached commerce agreements with the U.S. has elevated to 5, together with the UK, Vietnam, Indonesia, the Philippines, and Japan.

Rising Variety of U.S. Commerce Agreements Sparks Regional Stress

Particularly, as the US and Japan attain a commerce settlement, it’s anticipated that strain on South Korea can even improve. South Korea and Japan, having giant commerce surpluses with the US and being aggressive nations that export main merchandise akin to vehicles, can not assist however have an effect on the negotiations.

South Korea to Speed up Negotiations with Upcoming U.S. Talks

The federal government can also be anticipated to speed up the negotiations. Nationwide Safety Workplace Director Kim Byung-joon and Commerce Negotiations Head Yeo Han-gu, who’re on their method to the US, have arrived in Washington to barter with their American counterparts. Economic system Vice Prime Minister and Minister of Technique and Finance Ku Yun-cheol and Minister of Commerce, Business and Vitality Kim Jeong-kwan will maintain a ‘2+2’ commerce session with U.S. Treasury Secretary Scott Bessent and USTR Consultant Jamison Greer on the twenty fifth.