South Korean President Moon Jae-in said that he will send a special envoy to North Korea during his first phone conversation with US President Donald Trump, according to the Cheong Wa Dae.
President Moon discussed with Trump late Thursday the outcome of the trips to South Korea by North Korea's special envoy and high-level delegations during the PyeongChang Winter Olympics. The presidential office said of the phone conversation that the two leaders agreed to continue their efforts to maintain the momentum for South-North dialogue so it may lead to the denuclerization of the Korean Peninsula.
The conversation lasted about 30 minutes. The press release said Kim Yo-jong, the sister of North Korean leader Kim Jong Un, delivered the invitation for Moon to visit Pyongyang for what would be a third inter-Korean summit during her three-day visit to South Korea from February 9th.
Meanwhile. US President Donald Trump will impose a 25% tariff on imported steel next week, delivering a blow to South Korean manufacturers. Speaking at a meeting with business executives at the White House, the US President said he plans to impose 10% tariff on imports of steel.
The move is originally meant to target China but South Korea is also an exporter of steel to the US. According to the Korea Iron and Steel Association, the country shipped out 3.2 billion dollar worth of steel product to the U in 2017.
The Trump administration has aggressively implemented trade remedies in an effort to revive domestic industries.
Source: Arirang News
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