PM to meet with presidential chief of staff, ruling party chief over US tariffs

The prime minister is set to hold talks with key ruling Democratic Party of Korea (DPK) lawmakers and the presidential chief of staff later Sunday to discuss a special bill on implementing Korea’s investment pledges to the United States and other pending issues, officials said. The meeting, set for 5 p.m. at the residence of the prime minister, comes as rival political parties agreed last week to establish a special committee to handle the investment bill amid U.S. President Donald Trump’s tariff hike threats. Participants include Prime Minister Kim Min-seok, President Lee Jae Myung’s chief of staff Kang Hoon-sik, the ruling party’s chief Rep. Jung Chung-rae and presidential secretary for political affairs Hong Ik-pyo. They are expected to share the results of a recent trip to the U.S. by key trade officials over Trump’s tariff policy and discuss the DPK’s strategy to pass the special investment bill. Last month, Trump threatened to raise “reciprocal” tariffs and auto, lumber and pharmaceutical duties on Korea to 25 percent from 15 percent, citing a delay in the parliamentary process to

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