SEOUL, July 25 (UPI) -- South Korea's top trade negotiators met with U.S. Commerce Secretary Howard Lutnick in Washington, Seoul's Ministry of Trade, Industry and Energy said Friday, with both sides reaffirming their intention to reach a tariff agreement before an Aug. 1 deadline imposed by the Trump administration.
Industry Minister Kim Jung-kwan and Trade Minister Yeo Han-koo met with Lutnick on Thursday to discuss tariffs and ways to strengthen manufacturing cooperation between the two countries, the ministry said in a statement.
Kim proposed bilateral cooperation in strategic manufacturing sectors, including shipbuilding, semiconductors and batteries, the ministry said. He also stressed the need for tariff relief in individual sectors such as automobiles.
"We will do our utmost to ensure that our companies are not treated unfavorably compared to our competitors," Kim said.
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