South Korea has few cards to play in tariff talks with U.S.

Seoul sees shipbuilding as best bet to win over Trump

20250411N South Korea

Images of acting South Korean President Han Duck-soo, left, and U.S. President Donald Trump are shown on a TV news program at the Seoul Rail Station on April 9. © AP

NAMI MATSUURA

SEOUL -- South Korea's hopes for a deal to avoid high U.S. tariffs are riding on the strength of its shipbuilding industry and its appetite for American energy, but whether this will be enough is unclear.

South Korea has received priority among the roughly 70 economies that the U.S. government says are seeking tariff talks. Other U.S. trading partners are watching to see whether Seoul will be the first to persuade the Trump administration to agree to back down on "reciprocal" tariffs.

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