South Korea Deputy Prime Minister Gu Yun-cheol outlines US trade stance and inclusive housing plans

Deputy Prime Minister and Finance Minister Gu Yun-cheol told a foreign‑economy ministers’ meeting that the government will prioritize national interest while working closely with the United States to keep bilateral trade relations stable. He said South Korea is responding to U.S. tariff measures, WTO reforms, and will accelerate projects such as the AI‑based official development assistance package and green‑economy agreements with multiple countries.

The administration is also preparing a large‑scale public debate on housing policy chaired by President Lee Jae‑myung. Officials aim to gather broad public input ahead of a tax‑reform package and new supply‑side measures, including expanding public rental housing, stabilising the rent‑to‑sale market, and adjusting taxes on high‑value properties to create a more inclusive housing system.