South Korea Offers $350 Billion US Investment to Avoid Trump Tariffs on Auto and Goods Exports

South Korea ramps up efforts to secure tariff relief from President Trump's administration amid fresh threats of 25 percent duties on Korean autos and goods. According to Korea JoongAng Daily, the government launched the Korea-US Strategic Investment MOU Implementation Committee on Friday, led by Industry Minister Kim Jung-kwan, to fast-track $350 billion in US investments in exchange for slashing reciprocal tariffs from 25 percent to 15 percent. This comes after Trump posted on Truth Social last month, warning of tariff hikes due to delays in Seoul's special legislation for the deal, as reported by Korea Economic Daily. The committee, backed by a new working-level team of financial, legal, and US market experts from ministries and state banks like Korea Development Bank, will review projects in shipbuilding, energy, semiconductors, AI, and quantum computing even before the bill passes. Shipbuilding takes center stage, with South Korea pledging $150 billion under the Make America Shipbuilding Great Again initiative. The White House's America's Maritime Action Plan, released Friday per Yonhap and Bernama, codifies historic cooperation with Seoul and Japan, proposing a Bridge Strategy where initial ships are built in allied yards while investing in US facilities to counter China's dominance. Financial News details how the panel's first meeting discussed customs agreement progress and project viability to ease trade uncertainty for Korean firms. Analysts note Trump's polished pressure tactics differ from impulsive hikes elsewhere, like Switzerland's 9 percent jump over tone, but Commerce Secretary Howard Lutnick's scandal clouds negotiations. National Assembly's special committee aims to legislate support swiftly, building on late last year's bilateral pact. These moves signal Seoul's push to lock in lower tariffs and boost US market footholds. Thanks for tuning in, listeners—subscribe for the latest on South Korea Tariff News and Tracker. This has been a Quiet Please production, for more check out quietplease.ai. For more check out https://www.quietperiodplease.com/ Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q This content was created in partnership and with the help of Artificial Intelligence AI.