Tag: United States

Kevin Kim Appointed as Interim U.S. Ambassador to South Korea

Congratulations to Kevin Kim for being officially appointed the interim US ambassador to South Korea:

Kevin Kim, a senior official at the U.S. Department of State’s Bureau of East Asian and Pacific Affairs, has been appointed as chargé d’affaires ad interim at the U.S. Embassy in Seoul, the embassy announced Monday on its official website.

According to the statement posted on the embassy’s site, Kim “will work with the Embassy team and the Republic of Korea government to advance our mutual interest and shared values, as well as our ironclad commitment to the U.S.-ROK Alliance.”

Korea Times

You can read more at the link.

Trump Announces Upcoming Summit with President Lee After Agreeing to Trade Deal with South Korea

South Korea was pretty much forced to cut a deal with the Trump administration after the Japanese completed a deal just a week prior. They basically got the same trade deal as the Japanese:

U.S. President Donald Trump said Wednesday that his administration has agreed to lower “reciprocal” tariffs on South Korea to 15 percent from the proposed 25 percent in return for massive investments and market opening, and hold a summit with President Lee Jae Myung at the White House in two weeks.

Trump announced the deal with South Korea in a social media post, shortly after Seoul’s Finance Minister Koo Yun-cheol and other top negotiators met him in an effort to finalize an agreement before Friday, when the steep blanket tariffs are set to take effect unless a deal is reached.

“We have agreed to a Tariff for South Korea of 15%. America will not be charged a Tariff,” he wrote on Truth Social.

Under what he called a “full and complete” trade deal, Trump said South Korea will give the United States US$350 billion for investments “owned and controlled by the United States, and selected by myself.”

He claimed South Korea has agreed that it will be “completely” open to trade with the U.S., and that it will accept American products, including cars, trucks and agricultural goods.

The deal also includes South Korea’s agreement to purchase $100 billion of U.S. liquefied natural gas or other energy products, and invest a large sum of money for Seoul’s investment purposes, Trump said.

“This sum will be announced within the next two weeks when the President of South Korea, Lee Jae Myung, comes to the White House for a Bilateral Meeting,” he said.

Yonhap

You can read more at the link.

U.S. Commerce Secretary Believes South Korea Unhappy that Japan Made Trade Deal First

Here is what the U.S. Commerce Secretary had to say in regards to South Korea after Japan signed a new trade deal with the U.S.:

U.S. Commerce Secretary Howard Lutnick said Thursday that he could hear “expletives” out of South Korea after Japan reached a trade deal with U.S. President Donald Trump’s administration earlier this week.

Lutnick made the remarks, apparently suggesting that the tariff deal between the United States and Japan might have created a sense of urgency for South Korea, which seeks to reach a deal to avoid or lower the Trump administration’s 25 percent “reciprocal” tariff set to kick in on Aug. 1.

“I could hear the expletives out of Korea when they read the Japanese deal because the Koreans and the Japanese … they stare at each other,” he said in a CNBC interview.

“So you can imagine what they were thinking when they saw that Japan made that deal … They were like, ‘Oh man!,” he added, underscoring that Koreans “very much” want to make a deal.

Yonhap

You can read more at the link.

U.S. Ambassador to South Korea Says “It Takes Two to Tango” in Regards to Any Possible Trump-Kim Summit

As long as the Ukriane-Russia war continues there is no reason for Kim Jong-un to pursue any diplomacy with Trump. Kim is getting the money and military aid he needs from the Russians for now. If he started diplomacy with Trump it would look like he is backstabbing Putin:

Joseph Yun, the acting U.S. ambassador in Seoul, said Tuesday that any renewed talks between President Donald Trump and North Korean leader Kim Jong-un hinge on mutual willingness.

“I have no doubt that President Trump considers his engagement with North Korea during his first term as unfinished business, and he wants to reengage with North Korea,” Yun said. 

“But it takes two to tango,” he added. “We have not really heard from the North Korean side whether they too want to reengage. And to me, that’s the bigger unknown.”

Korea Times

You can read more at the link.

U.S. Treasury Secretary Says South Korea Came with It’s “A-Game” and Expects a Deal Soon

That would be pretty impressive if South Korea becomes one of the first countries to secure and trade deal with the Trump administration. With that said what will be interesting is if it stays in effect when a new President takes over Korea:

U.S. Treasury Secretary Scott Bessent described high-level trade talks with South Korea in Washington on Thursday as “very successful,” noting that Seoul came with its “A-game” and anticipating that the allies will discuss “technical terms” as early as next week.

Bessent made the remarks in an interview with CNN, after he and U.S. Trade Representative (USTR) Jamieson Greer met with Seoul’s Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun for their “two-plus-two” trade consultations at the Department of the Treasury.

“We had a very successful bilateral meeting with the Republic of Korea today. We may be moving faster than I thought,” Bessent said, referring to South Korea by its official name.

“We will be talking (about) technical terms as early as next week as we reach that agreement on understanding as soon as next week. So the South Koreans came early. They came with their A game, and we will see if they follow through on that,” he added.

Yonhap

You can read more at the link.

Tweet of the Day: American Reindustrialization?

https://twitter.com/AdameMedia/status/1910339720669778261

South Korea, Japan, and U.S. Sign Defense Cooperation Agreement in Tokyo

Another example of the growing trilateral cooperation in Northeast Asia:

The defense chiefs of South Korea, the United States and Japan signed a document on the Trilateral Security Cooperation Framework (TSCF) on Sunday , Seoul’s defense ministry said, in a move solidifying their continued commitment to three-way security cooperation against North Korean threats.

South Korean Defense Minister Shin Won-sik and his U.S. and Japanese counterparts, Lloyd Austin and Minoru Kihara, respectively, inked a Memorandum of Cooperation on the framework in Tokyo amid their deepening security cooperation in response to the North’s persistent nuclear and missile threats and growing military alignment with Russia.

Yonhap

You can read more at the link.

Tweet of the Day: Chinese Invasion of the U.S.?

Tweet of the Day: What the Revamp of the Japan-U.S. Alliance Means

U.S. Envoy to Visit DMZ and Push for Dialogue with North Korea

Its an election year and it is pretty clear the Biden administration wants Kim Jong-un to behave, so offering talks may be an attempt to do this:

 The top U.S. envoy to the U.N. will reaffirm America’s “ironclad” security partnership with South Korea and its openness to “unconditional” dialogue with North Korea during her visit to the Demilitarized Zone (DMZ) separating the two Koreas next week, a senior U.S. official said Friday.

On Tuesday, Ambassador Linda Thomas-Greenfield plans to pay a visit to the DMZ, after which she will have a roundtable with North Korean escapees. She is set to arrive in Korea on Sunday as part of her East Asia swing that will also take her to Japan.

“The message that Ambassador Thomas-Greenfield will send by visiting the DMZ is that the security partnership with the Republic of Korea (ROK) and Japan is ironclad. She wants to obviously go to the DMZ to get a firsthand look at the situation there,” the official said in an online press briefing. ROK is the abbreviation for South Korea’s official name.

Yonhap

You can read more at the link.