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Home > Business

Trump Jr. Holds High-Profile Meetings with South Korean Business Tycoons Amidst U.S. Trade Concerns

Eunsil Ju Reporter / Updated : 2025-04-30 04:29:49
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SEOUL – Donald Trump Jr., the eldest son of the former U.S. President, arrived in South Korea on Tuesday at the invitation of Shinsegae Group Chairman Chung Yong-jin, sparking significant interest within the nation's business and political spheres. His visit comes at a sensitive time, with ongoing concerns about potential U.S. trade policies under a future administration. Trump Jr., often described as an influential figure within his father's political network, is scheduled to hold a series of private meetings with the heads of South Korea's major conglomerates on Wednesday.

Trump Jr. landed at Gimpo International Airport at approximately 6:25 PM local time aboard the private jet Vistajet 9H-VJJ. Dressed casually in a black cap and long-sleeved shirt, he was swiftly escorted away from the waiting press in a vehicle after completing arrival procedures. He proceeded to Chairman Chung's private residence in Seongnam, just south of Seoul, where he was hosted for a welcome dinner with Chairman Chung and his wife.

This marks Trump Jr.'s second visit to South Korea in less than a year, his previous trip occurring in August. This brief 48-hour visit is largely attributed to his close relationship with Chung Yong-jin, who is known to maintain strong connections with numerous leaders in the Korean business community. Sources indicate that Chairman Chung played a pivotal role in arranging this series of high-level business meetings.

The schedule for Wednesday includes approximately 20 individual meetings at a prominent hotel in Seoul. These exclusive discussions are expected to involve chairmen and CEOs from key sectors with substantial business interests in the United States. Industries such as semiconductors, automobiles, energy, electronics, steel, and defense are anticipated to be heavily represented.

Among the prominent figures reportedly slated to meet with Trump Jr. are Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, and Hanwha Group Vice Chairman Kim Dong-kwan. These companies have significant investments and operations within the U.S. market, making discussions about potential future trade policies and economic cooperation particularly relevant.

However, several notable business leaders are unable to attend due to prior commitments. Hyundai Motor Group Chairman Chung Euisun is currently overseas, and POSCO Group Chairman Jang In-hwa is also on an international business trip. With Lotte Group Chairman Shin Dong-bin leading a Korea Enterprises Federation delegation in Indonesia, his son, Shin Yu-yeol, an executive vice president at Lotte Holdings, is a likely substitute. HD Hyundai Vice Chairman Chung Ki-sun has a prior engagement to tour the company's Ulsan shipyard with U.S. Secretary of the Navy John P. Finn, complicating his ability to schedule a meeting.

Other potential attendees include CJ Group Chairman Lee Jae-hyun, whose company has a significant presence in the U.S. food market; Doosan Group Chairman Park Jung-won, as the conglomerate explores expanding its energy business in the U.S.; LS Group Chairman Koo Ja-eun; and Hanjin Group Chairman Cho Won-tae. Notably, Lee Hae-jin, Chairman of Naver, a leading South Korean tech company actively pursuing artificial intelligence collaborations with U.S. entities, has a confirmed meeting with Trump Jr.

The individual meetings are expected to last around an hour each, with the focus reportedly being on Trump Jr. listening to the perspectives and concerns of the South Korean business leaders. While his visit has generated considerable buzz, particularly given the potential implications of a future U.S. administration on trade and economic relations, there are no reported plans for Trump Jr. to meet with South Korean government or political figures during this trip. This purely business-focused visit underscores the significant economic ties between the two nations and the eagerness of South Korean conglomerates to engage with influential figures who may shape future U.S. policy.

[Copyright (c) Global Economic Times. All Rights Reserved.]

Eunsil Ju Reporter
Eunsil Ju Reporter

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