Press Releases

Ministry of Trade, Industry and Energy

Apr 25,2025

Minister of Trade, Industry and Energy Dukgeun Ahn, together with Deputy Prime Minister for Economic Affairs Choi Sang-mok, held the Korea-U.S. 2+2 Trade Dialogue in Washington, D.C. on April 24. Later that afternoon, Minister Ahn met with the Office of the United States Trade Representative (USTR), where the two sides agreed to launch bilateral working-level consultations on tariff issues at the earliest possible date.

In the 2+2 Trade Dialogue held earlier that morning, Minister Ahn and USTR Representative Jamieson Greer discussed ways to strengthen Korea-U.S. trade cooperation, with a focus on achieving a mutually beneficial trade balance. During the meeting, Minister Ahn requested that the U.S. exempt Korea from all forms of tariffs, including reciprocal tariffs, product-specific tariffs on automobiles and steel, and any newly imposed tariffs in the future.

Through this meeting, Korea and the U.S. reached a principled agreement on establishing a framework for future consultations. Both sides agreed to hold working-level discussions next week to determine the scope and format of the consultations. The specific areas and approach will be finalized through coordination with relevant ministries and the Economic Security Strategy Task Force, chaired by the Acting President. Based on this internal process, discussions with the U.S. will proceed.

To comprehensively address issues of interest to the U.S. side, officials from several Korean government ministries also participated in the meeting, including the Ministry of Science and ICT, Ministry of Land, Infrastructure and Transport, Ministry of Environment, Ministry of Agriculture, Food and Rural Affairs, and Ministry of Health and Welfare. These ministries shared updates on cross-sectoral issues, laying the groundwork for future consultations.

Minister Ahn stated, “With both sides agreeing to launch technical consultations, we now have an open channel for more detailed discussions. We will approach future consultations with the U.S. in a calm and deliberate manner, while maintaining close communication with relevant ministries and industry stakeholders.”