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South Korea trying to resolve US auto tariffs quickly, trade envoy says
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South Korea trying to resolve US auto tariffs quickly, trade envoy says
Sep 20, 2025 10:05 PM

SEOUL, Sept 19 (Reuters) - South Korea's top trade envoy

said on Friday that South Korea is trying to resolve issues

around U.S. auto tariffs quickly, explaining to the U.S. that

"Japan and South Korea are different".

Under a trade deal with Japan, the U.S. applies a 15% tariff

on Japanese car imports, while U.S. tariffs on South Korean auto

imports are 25%.

On July 30, Trump said the U.S. will reduce duties on

automobile imports to 15% in return for Seoul investing $350

billion in the U.S. But the change has yet to be implemented as

the two countries are at odds over the details of the

investments.

"We've explained the differences between Japan and Korea as

much as possible," Trade envoy Yeo Han-koo told reporters upon

his return to South Korea on Friday after a trip to Washington

this week where he met with U.S. Trade Representative Jamieson

Greer.

Top officials in Seoul have repeated in recent days that

accepting all U.S. demands and copying the format of Japan's

deal with the U.S. would be difficult.

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