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Ministry of Trade, industry and Resources PRESS CENTER Press Releases

Press Releases

MOTIR Minister Heads to Washington, D.C. for Tariff Talks

Minister JK (Jung-Kwan) Kim of the Ministry of Trade, Industry and Resources (MOTIR) will visit Washington, D.C., on January 29, 2026, after his trip to Canada, to discuss bilateral trade issues, including President Trump’s recent tariff announcement.


On January 27, 2026 (KST), President Trump announced on social media that the United States would raise reciprocal tariffs applied to Korea and product-specific tariffs on automobiles, timber, and pharmaceuticals from 15 percent to 25 percent. During his visit, Minister Kim plans to meet with the U.S. Secretary of Commerce and other officials to confirm the rationale behind the announced measures, explain Korea’s efforts to date, and urge an amicable resolution of the issue.


Minister Kim will also meet with the U.S. Secretary of Energy and other counterparts to discuss cooperation in energy and resources.


“We will work with the U.S. to address outstanding trade issues and continue mutually beneficial cooperation, in close coordination with Korean industry and relevant ministries,” Minister Kim said.