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| ▲ Cheong Wa Dae in Seoul (Yonhap) |
S Korea-US tariffs
Cheong Wa Dae says it was not officially notified of Trump's announced tariff hike
By Kim Eun-jung
SEOUL, Jan. 27 (Yonhap) -- South Korea has not been officially notified of U.S. President Donald Trump's move to raise reciprocal tariffs and auto duties on the Asian ally, Cheong Wa Dae said Tuesday.
Trump said Monday (local time) in a social media post that he's raising "reciprocal" tariffs and auto tariffs on South Korea to 25 percent from 15 percent, arguing that the South Korean legislature has not yet completed a domestic process to implement a bilateral trade deal.
"There has been no official notification or explanation of the details from the U.S. government so far," the presidential office said in a press notice.
Kim Yong-beom, the presidential chief of staff for policy, is set to convene an interagency meeting to discuss the government's response, it said.
Industry Minister Kim Jung-kwan, who is currently in Canada, plans to visit the United States soon to hold talks with U.S. Commerce Secretary Howard Lutnick to discuss the issue, it added.
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