Washington: South Korea is actively pursuing the removal of reciprocal tariffs imposed by the Trump administration, which have been a significant barrier to bilateral trade, as stated by Seoul's Industry Minister. This initiative aims to tackle the pressing issue of auto tariffs that currently challenge trade relations between the two nations.

According to Yonhap News Agency, Industry Minister Ahn Duk-geun made these comments upon his arrival near Washington. He is set to engage in "two-plus-two" consultations alongside Finance Minister Choi Sang-mok, U.S. Treasury Secretary Scott Bessent, and U.S. Trade Representative Jamieson Greer, focusing on tariffs and other trade concerns.

The reciprocal tariffs were first imposed on April 9 by the Trump administration, with a subsequent 90-day suspension. Despite this pause, a 25 percent tariff on automobiles was implemented on April 3, with additional tariffs on auto parts anticipated by May 3.

Minister Ahn expressed the country's objective to have these tariffs removed, emphasizing the adverse impact they have on trade. He highlighted the significance of the U.S. as a vital market for South Korean auto exports, noting that 49.1 percent of South Korea's car exports, valued at $34.7 billion last year, were destined for the U.S.

Ahn underscored the importance of addressing the auto tariff issue promptly to ensure smooth economic relations. He mentioned that despite the absence of explicit signals from Washington regarding negotiations, auto trade remains a crucial aspect of the bilateral relationship. He also noted Hyundai Motor Group's recent $21 billion investment plan in the U.S. as a critical point for discussions.

Defense cost-sharing is not part of the current trade talks, and there are no plans for the South Korean delegation to meet with former President Trump during this visit.