Group 1 - The US and UK have reached a tariff agreement covering automobiles, steel, and agricultural products, allowing the UK to reduce tariffs on exports to the US [1] - UK tariffs on car exports to the US will decrease from 27.5% to 10%, and steel and aluminum tariffs will drop from 25% to zero, applicable to 100,000 UK cars, nearly covering last year's total exports [1] - In exchange, the UK will open its markets further for US products, providing $5 billion in export opportunities for the US and planning to purchase $10 billion worth of Boeing aircraft [1] Group 2 - South Korea is studying the US-UK trade agreement to find negotiation breakthroughs, particularly focusing on the automotive sector, which accounted for $34.2 billion in exports to the US in 2024, making up 26.8% of total exports [2] - Experts suggest South Korea could adopt a "conditional reciprocity" approach to achieve tariff reductions, leveraging US cooperation needs in shipbuilding and LNG projects [2] - The Korean government is exploring the possibility of a low tariff quota mechanism to secure a 10% preferential tariff for its automobiles [2] Group 3 - South Korea faces significant negotiation challenges, with projected car exports to the US reaching 1.43 million units in 2024, compared to the UK's 100,000 units [3] - The US may demand more concessions from South Korea in agricultural imports, digital trade, and other non-tariff barriers, aiming to maintain a 10% basic tariff while reducing trade deficits [3] - The Korean government aims to balance interests across multiple areas to maximize national benefits in negotiations, with plans to monitor US negotiation strategies and finalize their approach after the new government takes office [3]
韩国拟以互惠交换策略推动关税谈判
Jing Ji Ri Bao·2025-05-13 21:49