Seoul, 12 April (IANS). Sol’s Trade Minister Chayong In-Aayo said that the US has expressed his desire to run tariff talks with South Korea and Japan as smoothly as possible. He described it as a major result of his journey to Washington.
According to a report by the Yonhap news agency, Chayong, while talking to reporters at Incheon International Airport on his two -day visit to Washington, said, “We held various discussions with the aim of ensuring a smooth trade relationship with the Trump administration.”
The trump administration’s journey of Chayong was its first visit by the South Korean business officer since the Trump administration announced a 25 percent fee for South Korea, which came into effect this week.
During his stay in Washington, Chayong met the US Trade Representative (USTR) Zamison Greer and other leading officials to discuss the tariff issue.
Chicong said, “The biggest achievement of the journey was to establish a framework for the object-by-time talks, especially in relation to steel and automobile.”
He said that Washington showed a desire to compromise with both Sol and Tokyo in a “cordial” manner. He also emphasized the importance of identifying the usual American agency as Sol’s main dialogue equivalent.
“It was important to determine which American agency would be our dialogue partner,” he said. He said that the Greece would mainly lead talks on behalf of Washington.
Chayong said that he fully expressed the position of South Korea on the issue of mutual fees.
Talking about the negotiations, he said, “Greer actively listened to our stance, and shared the American approach and expectations for South Korea.”
Earlier, US President Donald Trump banned the mutual fee for 90-day, saying that talks with countries requesting meetings on fees issues would begin “immediately”. At the same time, he warned China against retaliation and increased the fee against China by 125 percent.
At the same time, in its retaliation, China announced a plan to increase the fees on all American goods from 84 percent to 125 percent from Saturday.
-IANS
SCH/CBT
