South Korean PM convenes key officials on US investment bill amid tariff threats

Prime Minister Kim Min-seok will meet top presidential aides and the ruling party leader Sunday to strategize on passing a special bill fulfilling South Korea's US investment pledges, building on recent trade ministry visits to Washington and an opposition agreement for a special committee.

Prime Minister Kim Min-seok will hold a meeting at 5 p.m. Sunday at his central Seoul residence with President Lee Jae-myung's chief of staff Kang Hoon-sik, Democratic Party leader Rep. Jung Chung-rae, and presidential political affairs secretary Hong Ik-pyo.

The discussions will review insights from Trade Minister Yeo Han-koo's recent weeklong US trip—where he met US officials and lawmakers to reaffirm commitments—and outline strategies to expedite the special bill's passage following last week's opposition agreement to form a special committee. The bill implements South Korea's $350 billion investment pledges to the US, aimed at averting President Donald Trump's threatened tariff hikes on Korean autos, lumber, pharmaceuticals, and reciprocal duties.

The agenda also addresses easing restrictions on dawn delivery services for large discount chains. The ruling party recently proposed legislation allowing 24/7 online operations for overnight services to balance offline and e-commerce interests, despite opposition from labor groups concerned about extended night shifts.

Articles connexes

South Korean Democratic Party lawmakers submitting a special bill for $350 billion US investment and auto tariff reductions in the National Assembly.
Image générée par IA

Parti démocrate dépose un projet de loi spécial pour l'investissement aux États-Unis dans le cadre de l'accord tarifaire

Rapporté par l'IA Image générée par IA

Le Parti démocrate au pouvoir en Corée du Sud a déposé mercredi un projet de loi spécial pour soutenir un engagement d'investissement de 350 milliards de dollars aux États-Unis dans le cadre d'un accord tarifaire finalisé le mois dernier. La législation codifie les réductions de droits de douane sur les automobiles coréennes de 25 % à 15 % avec application rétroactive. L'opposition exige une ratification parlementaire, signalant des différends partisans potentiels.

South Korea's ruling Democratic Party and main opposition People Power Party agreed to expedite passage of a special US investment bill in the national interest. The legislation, aimed at implementing a trade deal with the United States, is set for a vote in a plenary session on March 12. The agreement comes amid threats from US President Donald Trump to raise tariffs on Korean goods.

Rapporté par l'IA

South Korea will begin preliminary reviews of potential investment projects in the United States as its National Assembly prepares legislation to implement investment pledges under a trade deal. Finance Minister Koo Yun-cheol emphasized the need to avoid misunderstandings with the US during this process. The move comes amid threats of higher tariffs from Washington.

Prime Minister Kim Min-seok met Korean leaders and residents in New York to thank them for contributions to South Korea-U.S. relations. The visit marks his first trip to the U.S. since taking office in July 2025, part of a five-day itinerary. During a Saturday luncheon, he praised the community as a 'connecting link' in bilateral ties.

Rapporté par l'IA

Lors du sommet de la Coopération économique pour l'Asie-Pacifique (APEC), les présidents Lee Jae Myung de Corée du Sud et Donald Trump des États-Unis ont finalisé les détails d'un engagement d'investissement sud-coréen de 350 milliards de dollars. L'accord inclut des réductions de droits de douane sur les automobiles et une coopération dans la construction navale, ainsi que l'approbation des États-Unis pour que la Corée du Sud construise des sous-marins à propulsion nucléaire. Il marque un nouveau chapitre dans les liens industriels et économiques bilatéraux.

South Korea's Foreign Minister Cho Hyun held talks with U.S. Secretary of State Marco Rubio in Washington on February 3, following anticipation announced earlier this week. Amid President Trump's tariff hike threats over delays in a bilateral trade deal, the diplomats reaffirmed cooperation on nuclear submarines, shipbuilding, North Korea denuclearization, and investments.

Rapporté par l'IA

South Korean Prime Minister Kim Min-seok proposed on Friday that the United States send a special envoy to North Korea to improve relations between Washington and Pyongyang during talks with U.S. Vice President JD Vance. The meeting also addressed South Korea's probe into a massive customer data leak at Coupang, with both sides agreeing to manage the issue to avoid misunderstandings. This marks Kim's first overseas trip since becoming prime minister.

 

 

 

Ce site utilise des cookies

Nous utilisons des cookies pour l'analyse afin d'améliorer notre site. Lisez notre politique de confidentialité pour plus d'informations.
Refuser