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flag South Korea and the U.S. met to address trade tensions after a Supreme Court ruling invalidated past tariffs, discussing ongoing U.S. actions and concerns over Coupang and fuel prices.

flag South Korea’s Industry and Trade ministers met with top U.S. officials this week to address trade tensions, focusing on implementing a bilateral agreement after a U.S. Supreme Court ruling invalidated past reciprocal tariffs. flag They discussed ongoing U.S. tariff actions under Section 122 and Section 232, progress on legislative support for U.S. investment, and non-tariff measures from a joint fact sheet. flag Seoul expressed concern over a U.S. petition seeking a Section 301 probe into Coupang, while domestic fuel prices in Seoul exceeded 1,900 won per liter due to Middle East instability, prompting government warnings and calls for potential price caps.

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