Lee holds dinner meeting with Lee Jae-yong… Discusses 'one-team strategy' for tariff negotiations

Relay meetings following Chung Eui-sun and Koo Kwang-mo

Joining forces to find a breakthrough for the economic crisis

President Lee Jae-myung reportedly had a dinner with Samsung Electronics Chairman Lee Jae-yong on the 24th, discussing key issues such as tariff negotiations and domestic and overseas investments. Prior to this, President Lee had also met with Hyundai Motor Group Chairman Chung Eui-sun and LG Group Chairman Koo Kwang-mo.

According to the ruling party on this day, President Lee, accompanied by Chief Policy Officer Kim Yong-beom, is reported to have discussed various topics with Chairman Lee, including ways to expand investment in artificial intelligence (AI) and the removal of regulations on new industries. A political official explained, "The private meeting was proposed to find clues to overcome the economic crisis through candid conversations with business leaders."

At this meeting, there was reportedly a focused discussion on strategies for the government and enterprises to break through as a 'one team' in the process of tariff negotiations with the United States. There is speculation that ways to leverage the US network owned by the companies to facilitate negotiations with the US government were also discussed. With the reciprocal tariffs imposed by the Donald Trump administration set to take effect on the 1st of next month, the government plans to fully utilize even unofficial channels to find a breakthrough. It is also observed that regulations hindering Samsung Electronics' domestic and foreign investments were discussed.

At this meeting, there was reportedly a focused discussion on strategies for the government and enterprises to break through as a 'one team' in the process of tariff negotiations with the United States. There is speculation that ways to leverage the US network owned by the companies to facilitate negotiations with the US government were also discussed. With the reciprocal tariffs imposed by the Donald Trump administration set to take effect on the 1st of next month, the government plans to fully utilize even unofficial channels to find a breakthrough. It is also observed that regulations hindering Samsung Electronics' domestic and foreign investments were discussed.