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South Korean Foreign Minister to Address Tariff Hikes with US Secretary of State

The meeting focuses on tariff negotiations and critical minerals, reflecting economic tensions and...
February 3, 2026 by
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Key Metrics

12.01

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2026-02-03
Key Impacts
Positive Impacts (1)
U.S. Steel Producers
Negative Impacts (18)
South Korean Electronics Sector
South Korean Steel Industry
South Korean Automobile Sector
Hyundai Motor Co.
POSCO Holdings
Samsung Electronics Co.
Total impacts: 19 | Positive: 1 | Negative: 18
Event Overview

The meeting focuses on tariff negotiations and critical minerals, reflecting economic tensions and the need for bilateral cooperation. The discussion aims to address recent U.S. tariff increases and seek mutual understanding on South Korea's legislative process.

Collect Records
South Korean Foreign Minister to Discuss Tariffs with US Secretary of State
2026-02-03 10:45

South Korean Foreign Minister Cho Hyun is traveling to the United States to meet with U.S. Secretary of State Rubio to discuss tariff issues and will attend the 'Ministerial Meeting on Critical Minerals.' Cho Hyun stated that he will explain to the U.S. the legislative process regarding the 'Special Law for Investment in the U.S.' and request understanding. Previously, U.S. President Trump announced an increase in import tariffs on some South Korean goods to 25% due to the lack of completion of relevant legislation by South Korea.

Total records: 1
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