South Korean Firms Eye India Amid Trump Tariffs: Deputy Ambassador

• South Korean firms are increasingly considering India for relocation due to the impact of former US President Trump's tariff regime on Chinese goods, aiming to strengthen supply-chain resilience.
• Despite domestic political upheaval, South Korea maintains a strong bipartisan consensus on deepening its relationship with India, with the new administration committed to strengthening ties.
• Key areas for expanded cooperation between South Korea and India include trade, technology (semiconductors, shipbuilding), and defense, with ongoing projects like APACT's semiconductor facility and K9-Vajra howitzer production.
• South Korean Deputy Ambassador Sang-Woo Lim highlighted the resilience of South Korea's democratic institutions and citizen mobilization in navigating the 2024 martial law crisis.

Why It Matters: US tariffs are pushing South Korean firms to invest more in India.