SEOUL (Reuters) -The U.S. has demanded South Korea join efforts to curb China in trade talks, as the countries discuss cooperation in shipbuilding, a senior official from Seoul’s trade ministry said on Friday.
The U.S. is asking Seoul to join measures to curb China in “other areas” as the “precondition” for bilateral cooperation in shipbuilding, Trade Policy Director Chang Sung-gil said, without elaborating.
“The United States feels a sense of crisis that China’s market share in the shipbuilding sector is growing and is tapping Korea as a strategic partner,” Chang said at a forum hosted by a lawmaker.
The U.S. had also expressed reservations when it comes to cutting or eliminating industry-specific tariffs, such as those on automobiles and steel, Chang said.
The United States is asking Seoul to boost U.S. investments and purchases of U.S. energy and agriculture products in return for negotiating over reciprocal tariffs of 25%, he said, but added “there is a lot of political sensitivity in South Korea when its comes to expanding imports of agricultural products.”
(Reporting by Hyunjoo Jin and Jihoon LeeEditing by Ed Davies)
