South Korea Rushes Trade Bill After Trump Threatens 25% Tariffs on Autos and Pharma

#MyeongDong, #SouthKorea
South Korea is moving to fast-track trade legislation after Trump threatened to hike tariffs on vehicles and pharmaceuticals from 15 percent to 25 percent.The escalation follows delays in the National Assembly regarding a framework that includes a $350 billion investment pledge into the USA economy.Trade officials including Kim Jung-kwan and Yeo Han-koo are now traveling to Washington for talks with Howard Lutnick and Jamieson Greer to resolve the dispute.
Published:Tuesday
Tags
#DonaldTrump#USA#KimJungKwan#NationalAssembly#HowardLutnick#YeoHanKoo#JamiesonGreer#KimHyunJung
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