South Korea Seeks U.S. Talks on Automotive Tariffs, Market-Determined FX Rates, and Online Platform Rules

South Korea has initiated discussions with the United States on several economic and trade issues. The South Korean Finance Minister stated that foreign exchange rates should be determined by market forces and confirmed ongoing talks with U.S. financial officials regarding foreign exchange matters. Additionally, South Korea has formally requested tariff negotiations with the U.S. to protect its automotive industry, although the timing of any U.S. tariff cuts on autos remains undecided. On another front, South Korea's Industry Minister confirmed continued dialogue with the U.S. concerning regulations on online platforms, with both Seoul and Washington committed to maintaining discussions on this matter.