U.S. and South Korean commerce officials met in Washington to discuss potential exemptions from tariffs imposed by President Trump, amid concerns that the tariffs could harm Korea's tech industry and lead to General Motors' exit from the country due to increased costs. The move comes as part of a broader effort to renegotiate trade agreements with key allies, following Trump's announcement of 25% tariffs on steel and aluminum imports.
https://koreajoongangdaily.joins.com/news/2025-03-05/opinion/columns/Keynes-warning-and-Trumps-trade-war/2254586