Korea Joongang Daily
Korea JoongAng Daily

Industry minister arrives in Washington to discuss tariffs with U.S. commerce secretary

Korean Industry Minister Kim Jung-kwan has arrived in Washington to meet U.S. Commerce Secretary Howard Lutnick and discuss bilateral trade issues following U.S. President Donald Trump's announcement of plans to raise import tariffs on Korea.

2026-01-29

Exclusive: Newmark, formerly linked to Lutnick, launches Korea operations

Newmark, a New York-based real estate advisory firm known for its ties with U.S. President Donald Trump and his inner circle, has officially launched operations in Korea, placing the firm in direct competition with existing players.

2025-12-12

Korean trade deal investment to start with nuclear power plants, White House says

U.S. President Donald Trump’s administration announced Tuesday that it plans to use investment funds from trade deals with Korea and Japan to build nuclear power plants in the United States, a combined sum the White House estimates at $750 billion.

2025-12-03

Korea-U.S. investment deal imminent as reps race to fine-tune details ahead of APEC

The Korean government has entered final negotiations with the United States over a $350 billion investment package, with key talks unfolding this week in Washington.

2025-10-18

Industry minister returns home from follow-up talks with U.S. over trade deal

Industry Minister Kim Jung-kwan returned home Sunday after a trip to the United States, where he held follow-up talks with U.S. Commerce Secretary Howard Lutnick on the bilateral trade agreement reached in July.

2025-09-14

Accept the deal or face tariffs, Lutnick says as trade talks remains in deadlock

U.S. Commerce Secretary Howard Lutnick on Thursday urged Korea to accept a pending trade deal with Washington or face tariffs, as talks remain deadlocked over details of the bilateral agreement.

2025-09-12

Trump officials say tariff pressure crucial to prevent 'slow-walking' of trade talks, retaliatory duties

Top officials of U.S. President Donald Trump's administration have defended "reciprocal" tariffs as a crucial tool to prevent trading partners from "slow-walking" negotiations and imposing retaliatory duties.

2025-09-02

U.S. commerce secretary touts no chip tariffs for companies building facilities in the country

U.S. Commerce Secretary Howard Lutnick said that semiconductor companies that commit to and follow through with building manufacturing facilities in the United States during President Donald Trump’s term will be exempt from semiconductor tariffs.

2025-08-08

U.S. commerce secretary says he met Korean officials in Scotland as tariff deadline approaches

U.S. Secretary of Commerce Howard Lutnick said Korean officials traveled to Scotland to meet with him during his trip accompanying President Donald Trump.

2025-07-29

Korea's industry and trade ministers meet U.S. commerce secretary to discuss bilateral deal

Korea’s Industry Minister Kim Jung-kwan and Trade Minister Yeo Han-koo met with U.S. Secretary of Commerce Howard Lutnick on Thursday in Washington to negotiate a bilateral trade agreement.

2025-07-25