During a recent meeting with Korean business leaders, the U.S. Commerce Secretary has asked for more investment and brought up a fast-track benefit package for foreign companies in return for investment worth at least one-billion dollars. Ahn Sung-jin explains the details. 1 billion U.S. dollars investment. That's how much Trump's newly appointed Secretary of Commerce Howard Lutnick has mentioned that companies need to invest in the U.S. to receive incentives from Washington. During a meeting last Friday with a South Korean business delegation to the U.S., which included the heads of SK Group, Hyundai Motors, and other key sectoral companies, Lutnik suggested a minimum of one billion dollars in investment by companies for them to receive fast-track benefits, including an easing of regulatory processes. A delegation official later explained that this figure was not a minimum for investment, but rather an implied one regarding active foreign direct investment in the U.S. This move follows the Trump administration starting to emphasize an "American First Investment Policy." "But we are going to get rid of so much waste, fraud and abuse. We're not going to hurt anybody, but we're going to get rid of it. And then we are going to grow this economy in a way that people have never seen." However, a professor noted that Trump has yet to provide any specifics on this plan. "Fast track usually requires teamwork from various ministries, various agencies and it's not entirely clear right now whether Trump and the Trump administration have that mechanism ready. I'm not sure if they can set up that type of fast-track procedure quickly." South Korean firms now face the dilemma of balancing out operational and labor costs for manufacturing in the U.S. "The company will have to do their profit and loss calculations very carefully. So unless they're fairly sure that an investment in the United States is profitable, it may be better for these Korean companies to wait and see what happens." South Korea's Trade Minister is allegedly to visit the U.S. to further negotiate on this matter. In addition to their discussion on the fast-track benefits, Rutnik has also highlighted the importance of cooperation in critical industries including ship-building, nuclear power, AI and semiconductors. Ahn Sung-jin, Arirang News.
(1) During a recent meeting with Korean business leaders, the U.S. Commerce Secretary has asked for more investment and brought up a fast-track benefit package for foreign companies in return for investment worth at least one-billion dollars.
해석: 최근 한국 기업 대표들과의 회의에서, 미국 상무장관은 더 많은 투자를 요청하며, 최소 10억 달러 규모의 투자에 대한 대가로 외국 기업을 위한 패스트트랙 혜택 패키지를 언급했다.
bring up : (화제·문제 등을) 꺼내다, 언급하다
Paraphrasing: In a recent meeting with Korean business executives, the U.S. Commerce Secretary called for greater investment and proposed a fast-track incentive package for foreign companies investing at least one billion dollars.
(2): Ahn Sung-jin explains the details.
해석: 안성진 기자가 자세한 내용을 전합니다.
Paraphrasing: Ahn Sung-jin provides further details.
(3) 1 billion U.S. dollars investment.
해석: 10억 달러 투자.
Paraphrasing: A one-billion-dollar investment.
(4)That’s how much Trump’s newly appointed Secretary of Commerce Howard Lutnick has mentioned that companies need to invest in the U.S. to receive incentives from Washington.
트럼프 대통령이 새로 임명한 상무장관 하워드 루트닉이, 기업들이 미국에서 인센티브를 받기 위해 투자해야 한다고 언급한 금액이다.
mention : 언급하다
Paraphrasing: This is the amount that Trump’s newly appointed Commerce Secretary, Howard Lutnick, stated as the investment threshold for companies to qualify for incentives from Washington.
(5)During a meeting last Friday with a South Korean business delegation to the U.S., which included the heads of SK Group, Hyundai Motors, and other key sectoral companies, Lutnik suggested a minimum of one billion dollars in investment by companies for them to receive fast-track benefits, including an easing of regulatory processes.
지난 금요일, SK그룹, 현대자동차 및 주요 산업 기업 대표들이 포함된 한국 경제 사절단과의 회의에서, 루트닉 장관은 기업들이 규제 완화 등의 패스트트랙 혜택을 받으려면 최소 10억 달러를 투자해야 한다고 제안했다.
suggest : 제안하다 / ease : 완화하다
Paraphrasing: In a meeting last Friday with a South Korean business delegation, including leaders from SK Group and Hyundai Motors, Lutnick proposed that companies invest at least one billion dollars to qualify for fast-track incentives such as regulatory relief.
(6) A delegation official later explained that this figure was not a minimum for investment, but rather an implied one regarding active foreign direct investment in the U.S.
사절단 관계자는 이후 이 금액이 투자 최소 기준이 아니라, 미국 내 적극적인 외국인 직접 투자와 관련된 암시적인 수치라고 설명했다.
explain: 설명하다 / imply : 암시하다
Paraphrasing: A delegation official later clarified that the figure was not a strict minimum but rather an indicative amount reflecting active foreign direct investment in the U.S.
(7) This move follows the Trump administration starting to emphasize an “American First Investment Policy.”
이번 조치는 트럼프 행정부가 ‘미국 우선 투자 정책’을 강조하기 시작한 데 따른 것이다.
follow : ~에 뒤따르다
Paraphrasing: This initiative aligns with the Trump administration’s increasing emphasis on the “America First Investment Policy.”
(8) (트럼프 대통령의 발언)
“우리는 낭비, 사기, 부패를 대폭 제거할 것입니다. 누구도 해치지 않겠지만, 이런 문제들은 없앨 것입니다. 그리고 우리는 사람들이 한 번도 본 적 없는 방식으로 경제를 성장시킬 것입니다.”
Paraphrasing: Trump stated that his administration would eliminate waste, fraud, and abuse while fostering unprecedented economic growth.
(9) However, a professor noted that Trump has yet to provide any specifics on this plan.
하지만 한 교수는 트럼프 대통령이 아직 이 계획에 대한 구체적인 내용을 제시하지 않았다고 지적했다.
provide specifics : 구체적인 내용을 제공하다
Paraphrasing: However, a professor pointed out that Trump has not yet detailed the specifics of his plan.
(10) South Korean firms now face the dilemma of balancing out operational and labor costs for manufacturing in the U.S.
한국 기업들은 이제 미국 내 제조업 운영 및 인건비 균형을 맞추는 딜레마에 직면해 있다.
balance out : 균형을 맞추다
Paraphrasing: South Korean companies now struggle to balance operational and labor costs for U.S.-based manufacturing.
(11)“The company will have to do their profit and loss calculations very carefully. So unless they’re fairly sure that an investment in the United States is profitable, it may be better for these Korean companies to wait and see what happens.”
“기업들은 손익 계산을 매우 신중하게 해야 합니다. 미국 투자가 확실히 수익성이 있다고 판단되지 않는다면, 한국 기업들은 상황을 지켜보는 것이 더 나을 수도 있습니다.”
Paraphrasing: “Companies need to carefully assess their profit and loss. If they are uncertain about profitability, waiting might be the best option for Korean firms.”
(12) South Korea’s Trade Minister is allegedly to visit the U.S. to further negotiate on this matter.
한국의 산업통상자원부 장관이 이 문제에 대해 추가 협상을 하기 위해 미국을 방문할 것으로 알려졌다.
negotiate on : ~에 대해 협상하다
Paraphrasing: South Korea’s Trade Minister is reportedly planning a U.S. visit to negotiate further.
(13)In addition to their discussion on the fast-track benefits, Lutnik has also highlighted the importance of cooperation in critical industries including ship-building, nuclear power, AI, and semiconductors.
패스트트랙 혜택 논의와 더불어, 루트닉 장관은 조선업, 원자력, 인공지능, 반도체 등 주요 산업에서의 협력 중요성을 강조했다.
highlight the importance of : ~의 중요성을 강조하다
Paraphrasing: Lutnick also stressed the need for collaboration in key industries such as shipbuilding, nuclear energy, AI, and semiconductors.
요약 :
미국 상무장관은 한국 기업들에게 10억 달러 이상의 투자에 대한 패스트트랙 혜택을 제안했으며, 이에 대한 협상이 진행될 예정이다.
English Summary
The U.S. Commerce Secretary proposed fast-track benefits for South Korean companies investing over one billion dollars, with further negotiations expected.
