South Korea sees no impact on US energy purchases despite Trump's tariff hike

South Korea sees no impact on its pledge to buy $100 billion in US energy products, mainly LNG, officials at the Industry and Resources Ministry said Jan. 27, as US President Donald Trump raised tariffs on Seoul to 25% from 15%. “We are monitoring the situation in a very close manner to brace for any potential impacts on the energy sector,” an official at the ministry told Platts, part of S&PSouth Korea sees no impact on its pledge to buy $100 billion in US energy products, mainly LNG, officials at the Industry and Resources Ministry said Jan. 27, as US President Donald Trump raised tariffs on Seoul to 25% from 15%. “We are monitoring the situation in a very close manner to brace for any potential impacts on the energy sector,” an official at the ministry told Platts, part of S&PRead More