Tag: Howard Lutnick

Howard Lutnick

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Lutnick urges Samsung, SK hynix to build memory chip plants in U.S.

U.S. Commerce Secretary Howard Lutnick is urging the two chipmakers to build plants in the United States after their announcement of significant investment in Korea.

2026.7.10

South Korean Industry Minister Kim Jung-kwan, right, poses for a photo with U.S. Commerce Secretary Howard Lutnick ahead of their talks in Washington, on May 8 in this photo provided by Kim's office. [YONHAP]

Korean industry minister meets Lutnick for investment projects, shipbuilding talks

Industry Minister Kim Jung-kwan has met with U.S. Commerce Secretary Howard Lutnick and other senior U.S. officials to discuss strategic investment projects and ways to enhance bilateral cooperation in energy, shipbuilding and other key sectors.

2026.5.10

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Industry Minister Kim Jung-kwan speaks at the Korea-Canada industrial cooperation forum in Toronto on Jan. 26. [YONHAP]

Industry minister arrives in Washington to discuss tariffs with U.S. commerce secretary

Korean Industry Minister Kim Jung-kwan has arrived in Washington to meet U.S. Commerce Secretary Howard Lutnick and discuss bilateral trade issues following U.S. President Donald Trump's announcement of plans to raise import tariffs on Korea.

2026.1.29

The building on the right side is Newmark's New York headquarters. [NEWMARK KOREA]

Exclusive: Newmark, formerly linked to Lutnick, launches Korea operations

Newmark, a New York-based real estate advisory firm known for its ties with U.S. President Donald Trump and his inner circle, has officially launched operations in Korea, placing the firm in direct competition with existing players.

2025.12.12

U.S. Secretary of Commerce Howard Lutnick, far right, speaks alongside U.S. Secretary of Defense Pete Hegseth, center, and U.S. President Donald Trump, left, during a cabinet meeting in the Cabinet Room of the White House in Washington on Dec. 2. [AFP/YONHAP]

Korean trade deal investment to start with nuclear power plants, White House says

U.S. President Donald Trump’s administration announced Tuesday that it plans to use investment funds from trade deals with Korea and Japan to build nuclear power plants in the United States, a combined sum the White House estimates at $750 billion.

2025.12.3

Deputy Prime Minister and Finance Minister Koo Yun-cheol, right, and U.S. Treasury Secretary Scott Bessent, left, meet on the sidelines of the International Monetary Fund (IMF) and World Bank (WB) Annual Meetings in Washington on Oct. 15. [YONHAP]

Korea-U.S. investment deal imminent as reps race to fine-tune details ahead of APEC

The Korean government has entered final negotiations with the United States over a $350 billion investment package, with key talks unfolding this week in Washington.

2025.10.18

Industry Minister Kim Jung-kwan, center, is questioned by reporters upon arrival at Incheon International Airport on Sept. 14. [YONHAP]

Industry minister returns home from follow-up talks with U.S. over trade deal

Industry Minister Kim Jung-kwan returned home Sunday after a trip to the United States, where he held follow-up talks with U.S. Commerce Secretary Howard Lutnick on the bilateral trade agreement reached in July.

2025.9.14

U.S. Secretary of Commerce Howard Lutnick speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City on Sept. 11. [REUTERS/YONHAP]

Accept the deal or face tariffs, Lutnick says as trade talks remains in deadlock

U.S. Commerce Secretary Howard Lutnick on Thursday urged Korea to accept a pending trade deal with Washington or face tariffs, as talks remain deadlocked over details of the bilateral agreement.

2025.9.12

U.S. Secretary of Commerce Howard Lutnick, left, speaks during a Cabinet meeting with U.S. President Donald Trump in the Cabinet Room of the White House in Washington on Aug. 26. Also pictured, from left to right, are Secretary of Transportation Sean Duffy and Secretary for Veterans Affairs Doug Collins. [AFP/YONHAP]

Trump officials say tariff pressure crucial to prevent 'slow-walking' of trade talks, retaliatory duties

Top officials of U.S. President Donald Trump's administration have defended "reciprocal" tariffs as a crucial tool to prevent trading partners from "slow-walking" negotiations and imposing retaliatory duties.

2025.9.2

U.S. Commerce Secretary Howard Lutnick looks on as President Donald Trump and Apple CEO Tim Cook announce an additional $100 billion Apple investment in the United States in the Oval Office of the White House in Washington on Aug. 6. [EP/YONHAP]

U.S. commerce secretary touts no chip tariffs for companies building facilities in the country

U.S. Commerce Secretary Howard Lutnick said that semiconductor companies that commit to and follow through with building manufacturing facilities in the United States during President Donald Trump’s term will be exempt from semiconductor tariffs.

2025.8.8