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Korean, U.S. officials discuss cooperation in economic security, supply chains in talks in Washington
Joongang Ilbo | English | News | Dec. 12, 2025 | Supply Chain Issues
Senior diplomats from Korea and the United States held the 10th Senior Economic Dialogue (SED) in Washington on December 11, 2025, focusing on strengthening cooperation in economic security and securing trusted supply chains. The talks followed the recent bilateral trade and investment agreement finalized in October during the summit between Korean President Lee Jae Myung and U.S. President Donald Trump.
Both sides emphasized enhancing joint economic security measures and aligning economic and national security policies to maintain collective competitiveness. Discussions covered addressing unfair and nonmarket practices, as well as further collaboration on critical minerals, with U.S. Under Secretary of State Jacob Helberg recognizing Korea's leadership in resilient supply chains in regional and multilateral contexts.
The meeting reaffirmed commitments from the two recent summits, highlighting a modernization of the U.S.-ROK alliance. Under the trade deal, Korea pledged $350 billion in U.S. investments, including $150 billion in shipbuilding, in exchange for Washington reducing reciprocal tariffs on Korean goods from 25 percent to 15 percent. The SED underscored the deal’s success in advancing reciprocal trade, energy security, shipbuilding, and emerging technologies. They also discussed Korean investments in American manufacturing and efforts to ease Korean business travel through the Korea-U.S. Business Travel and Visas Working Group.