South Korea and the United States have agreed to establish a working-level group to discuss a gas pipeline project in Alaska, energy, shipbuilding, tariffs and non-tariff barriers, South Korea's Industry Minister Ahn Duk-geun said on Tuesday.

South Korea’s exports contracted in February in another worrying sign for the trade-reliant economy at a time when officials are scrambling to engage the US in hopes of averting a hit from Donald Trump’s tariff campaign.

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South Koreas industry minister, Ahn Duk-geun, has urged the U.S. to grant tariff exemptions during trade talks in Washington, as the Biden administration moves forward with new 25% tariffs on steel and aluminum.

South Korean Industry Minister Ahn Duk-geun has filed a request with the U.S. government to exclude South Korea from its new tariff plans while discussing expanding bilateral cooperation in various fields,