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Trade/Investment
Trade Minister meets U.S. House Committee on Ways and Means Chairman
Minister for Trade Yeo Han-koo met U.S. House Committee on Ways and Means Chairman Jason Smith (MO-08) on June 25 (local time) in Washington D.C. to discuss bilateral trade issues. Trade Minister Yeo expressed commitment to establishing mutually beneficial Korea-U.S. trade relations and asked for support in facilitating a stable and predictable business environment for Korean companies with regard to the U.S.’ One Big Beautiful Bill Act. date2025-06-27
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Trade/Investment
Trade Minister meets U.S. Representative Carol Miller
Minister for Trade Yeo Han-koo met U.S. Representative Carol Miller (R-WV) on June 25 (local time) in Washington D.C. to discuss bilateral trade issues. Trade Minister Yeo expressed commitment to establishing mutually beneficial Korea-U.S. trade relations and asked for support in facilitating a stable and predictable business environment for Korean companies with regard to the U.S.’ One Big Beautiful Bill Act. date2025-06-27
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Trade/Investment
Trade Minister meets U.S. Representative Adrian Smith
Minister for Trade Yeo Han-koo met Adrian Smith (R-NE), Chair of the Subcommittee on Trade of the U.S. House Committee on Ways and Means, on June 25 (local time) in Washington D.C. to discuss bilateral trade issues. Trade Minister Yeo expressed commitment to establishing mutually beneficial Korea-U.S. trade relations and asked for support in facilitating a stable and predictable business environment for Korean companies with regard to the U.S.’ One Big Beautiful Bill Act. date2025-06-27
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Trade/Investment
Trade Minister meets White House Trade Advisor
Korea’s Minister for Trade Yeo Han-koo met with Benjamin LeRoy, the White House Special Advisor on International Trade and Finance to the U.S. Vice President, on June 25 (local time) in Washington D.C. to discuss bilateral trade issues and mutually beneficial solutions. date2025-06-26
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Trade/Investment
Korea Trade Commission Holds 461st Meeting
The Korea Trade Commission (KTC) under the Ministry of Trade, Industry and Energy (MOTIE, Minister Ahn Duk-geun) held the 461st KTC meeting at the Government Complex Sejong on June 26, 2025, for deliberation and resolution on anti-dumping investigations. Regarding the investigations initiated in September 2024 on Chinese stainless steel plates, the KTC ruled that dumped imports of these products have caused material injury to the domestic industry and proposed a five-year anti-dumping duty of 21.62% to Korea’s Ministry of Economy and Finance. The said products are currently subject to a provisional anti-dumping duty of 21.62% since March 2025. The KTC also held a public hearing in two anti-dumping cases involving Chinese sodium dithionite and Thai particle boards, both of which were launched in December 2024. Public hearings are held before a final determination to grant interested parties sufficient opportunity to make statements and ensure their rights of defense. Chinese sodium dithionite is currently subject to provisional anti-dumping duties ranging from 15.15% to 33.97% from June 21 to October 20, 2025. For Thai particle boards, the Ministry of Economy and Finance is reviewing whether to impose provisional duties of 11.82% to 17.19%, as recommended by the KTC. Both cases await final determinations in the second half of 2025 following due diligence procedures in Korea and overseas. date2025-06-26
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Trade/Investment
Trade Minister meets Canada’s Ambassador to the U.S.
Korea’s Minister for Trade Yeo Han-koo met Canada’s Ambassador to the U.S. Kirsten Hillman on June 24 (local time) in Washington D.C. to discuss trade issues. date2025-06-25
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Trade/Investment
Trade Minister Yeo visits The Asia Group
Korea’s Minister for Trade Yeo Han-koo visited The Asia Group (TAG) in Washington D.C. on June 24 (local time) to discuss Korea-U.S. trade issues with TAG CEO Nirav Patel. date2025-06-25
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Trade/Investment
Trade Minister meets U.S. Commerce Secretary & Trade Rep
Korea’s Minister for Trade Yeo Han-koo met with U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer on June 23 (local time) during his first visit to Washington D.C. since taking office to discuss bilateral trade issues and mutually beneficial cooperation measures. date2025-06-24
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Trade/Investment
Trade Minister Yeo Visits Washington D.C. for High-Level Trade Talks
Trade Minister Yeo Han-koo of the Ministry of Trade, Industry and Energy (MOTIE, Minister Ahn Duk-geun) will visit Washington D.C. on June 22, 2025—his first trip since taking office—to engage in ministerial-level Korea-U.S. consultations with U.S. Trade Representative Jamieson Greer and Secretary of Commerce Howard Lutnick. During the meeting, Trade Minister yeo will present Korea’s position on the U.S. tariff measures and discuss mutually beneficial solutions. Trade Minister Yeo will also meet members of the U.S. Congress to seek support for a stable and predictable environment for Korean businesses investing in the U.S., particularly as lawmakers are considering the “One Big Beautiful Bill Act,” which contains proposed amendments to tax credits under the Inflation Reduction Act of 2022 (IRA). Trade Minister Yeo stated that he step up efforts to find a mutually beneficial solution on tariff measures through in-depth consultations with the U.S. side. In view of Korea and the United States’ close economic and industrial ties, he will use this visit to secure more support for Korean companies operating in the U.S. market. Meanwhile, Korea’s Deputy Minister for International Trade and Investment Park Jung-sung will accompany Trade Minister Yeo to Washington D.C. to lead the third round of Korea–U.S. technical discussions with USTR from June 24 to 26, 2025. Following the launch of Korea’s U.S. trade negotiations Task Force, Deputy Minister Park now serves as the senior official overseeing the working-level dialogues with the United States. In this round, the TF and relevant ministries will aim to reach mutually acceptable solutions on issues of interest to both sides. date2025-06-23
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Trade/Investment
Trade Minister meets AMCHAM Korea Chairman and CEO
Minister for Trade Yeo Han-koo met AMCHAM Korea Chairman and CEO James Kim on June 19 in Seoul to discuss Korea-U.S. trade issues. date2025-06-23