Reuters: US urges South Korea to include anti-China measures in trade negotiations

Reuters, July 11 - During discussions between the US and South Korea on shipbuilding cooperation, the US has requested that South Korea include efforts to contain China in trade negotiations as a "precondition" for bilateral cooperation. Kim Seong-ki, director of US trade policy, stated at a parliamentary forum that the US feels a sense of crisis over China's growing market share in the shipbuilding industry and views South Korea as a strategic partner, but did not provide specific market share data; the US has reservations about reducing or eliminating tariffs in specific industries (such as automobiles and steel), while demanding Seoul increase investments and purchases of American energy and agricultural products in exchange for negotiating a 25% reciprocal tariff. Kim emphasized that South Korea has a high political sensitivity regarding expanding agricultural imports.

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