Seoul to Raise Concerns Over U.S. Curbs on Chipmakers in China During Trade Talks in Washington

Seoul | June 22, 2025 —South Korea’s newly appointed Trade Minister, Yeo Han-koo, stated on Sunday that he will voice industry concerns over potential U.S. restrictions targeting semiconductor manufacturers operating in China during high-level trade discussions in Washington this week.

Speaking to reporters ahead of his departure, Minister Yeo emphasized the importance of protecting South Korean industry interests in light of Washington's evolving policy landscape. “I will relay the concerns of our industry stakeholders and exercise the utmost caution in discussions,” he said, responding to speculation that the United States may pursue measures limiting foreign chipmakers’ operations in China.

The minister’s visit marks the third round of technical negotiations in an ongoing series of tariff talks between Seoul and Washington. The two sides had previously agreed, during the opening round in April, to work toward a comprehensive deal to reduce existing tariffs by July 8. Currently, South Korea faces a general 10% blanket tariff, with an additional 25% country-specific duty temporarily suspended for 90 days.

However, Yeo suggested that the initial July deadline may no longer be feasible, citing political and economic uncertainties in the U.S. that could delay negotiations. “We will proceed with the talks flexibly, based on progress and mutual understanding,” he noted.

Yeo's Washington agenda also includes meetings with officials at the White House and U.S. Congress, where he is expected to discuss a range of trade issues. Among them is Washington’s request for Seoul to ease restrictions on U.S. beef imports, a long-standing point of contention in bilateral trade relations.

Minister Yeo was appointed earlier this month by President Lee Jae-myung, who assumed office following a snap presidential election victory on June 3. During his campaign, President Lee had emphasized a cautious and measured approach to trade agreements with the United States, signaling a possible shift in South Korea’s negotiating posture.

As global trade dynamics continue to be shaped by strategic competition and technological realignment, the outcomes of the upcoming Washington talks are likely to have significant implications for the semiconductor sector and broader U.S.–Korea economic ties.