Seoul is sounding the alarm and demanding an urgent summit with U.S. President Donald Trump as the announced 25% U.S. tariffs on South Korean products are set to take effect on August 1. Yes, you read that right — a quarter of the value of South Korean goods could be hit with extra costs, potentially shaking the economy of this Asian powerhouse. South Korea’s National Security Advisor, Vi Sung-lak, made it clear to the U.S. side that speeding up negotiations is crucial to strengthen the bilateral alliance, not break it. The U.S. side has shown understanding and willingness to continue talks, but the deadline is ruthless — August 1 is looming, and three extra weeks of talks aren’t enough. South Korea’s Trade Minister, Jeo Han-ku, has even requested exemptions or tariff reductions on cars and steel, but time is running out. This situation casts a shadow over relations between the two countries and raises the question — will the trade war escalate or will diplomats manage to avert disaster? If you love drama, this is the perfect moment to watch the trade showdown between Seoul and Washington unfold. So, what do you think — will Trump back down or will South Korea pay the price? Drop a comment, let’s hear your take!
