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The South Korean government held talks with representatives of the administration of US President Donald Trump. Seoul is requesting the removal of tariffs on steel and aluminum for its industry, reports Reuters.

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.

South Korea's exports barely grew in February, missing market expectations, with demand in key markets hurt amid a global trade war triggered by U.S. President Donald Trump's tariffs. Outbound shipments from Asia's fourth-largest economy stood at $52.

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,

South Korea's Industry Minister Ahn Duk-geun will travel to Washington D.C. from Wednesday through to Friday to press again for an exemption from U.S. steel tariffs and discuss ways to boost cooperation in energy and shipbuilding,