South Korea To Hold Response Meeting As Trump Unveils Tariffs, Extends Deadline

SEOUL, July 8 (Bernama-Yonhap) -- The South Korean presidential office said it will hold a response meeting with relevant ministries on Tuesday to discuss measures for tariff negotiations with the United States, as US President Donald Trump said Washington will impose 25 per cent tariffs on South Korean goods but extended a deadline for the talks.

According to Yonhap News Agency, Kim Yong-beom, presidential chief of staff for policy, will preside over the meeting at 1.30 pm, which will be attended by senior aides, the minister of government policy coordination and senior officials from the ministries of industry, finance and foreign affairs.

Participants are expected to review recent developments in the tariff talks and coordinate response strategies.

In a letter addressed to President Lee Jae Myung, U.S. President Donald Trump said 25 per cent "reciprocal" tariffs will take effect on Aug. 1, weeks later than the initial deadline set for this week.

National Security Adviser Wi Sung-lac and Trade Minister Yeo Han-koo are currently in Washington as part of coordinated efforts to address tariffs and other alliance issues.

-- BERNAMA-YONHAP