Maryland Governor’s Trade Mission Faces Tariff Uncertainties in Japan and South Korea

SEOUL, South Korea — Maryland Governor Wes Moore wrapped up a trade mission in Asia on April 16, 2025, aiming to promote the state’s emerging quantum computing industry amidst concerns over President Donald Trump’s fluctuating tariff policies.

During a breakfast meeting with South Korea’s Acting President Han Duck-soo, Moore discussed the importance of U.S.-South Korea relations and the need for consistent economic collaboration. ‘The stability of South Korea, in many ways, is reliant on making sure that the United States stays a strong and stable partner,’ Moore recounted.

Moore’s visit included four days in Japan, where he sought investment opportunities for Maryland’s burgeoning tech sector but faced challenges as Trump announced new tariffs on computer chips, raising concerns among business leaders about the unpredictability of trade relations.

On April 14, in Tokyo, Peter Chapman, executive chairman of IonQ, signed an agreement with Japan’s National Institute of Advanced Industrial Science and Technology, marking a significant step for Maryland’s goal to be a leader in quantum technology. ‘It’s gonna be really good when it comes to Maryland’s larger contribution to the world,’ Moore stated.

Moore described Trump’s tariff announcements as ‘deeply troubling,’ emphasizing that the lack of consistency complicates international relations and trade negotiations. He noted that Japanese leaders shared similar concerns about the shifting trade policies.

While in Japan, Moore also engaged with leaders from Hitachi and Terumo Group, discussing investments in Maryland. Hitachi is currently establishing a railcar manufacturing facility in Hagerstown, while Terumo Group is the largest Asian-headquartered company in Maryland.

Additionally, Moore announced the expansion of an academic and cultural exchange program between Salisbury University and the Japan Study Abroad Foundation, expected to bring significant economic benefits to the local Maryland economy.

In South Korea, further cooperation agreements are planned with IonQ, and Moore emphasized Maryland’s need to diversify its economy, particularly in advanced technology sectors.

As his international tour progressed, the political landscape back home in Maryland was also noteworthy, with the Maryland General Assembly adjourning after passing 878 pieces of legislation, which Moore now has until May 27 to sign or veto.

Investments in environmental projects across the state also remain a priority, with $1.7 million allocated for initiatives in the Back River and Patapsco River watersheds.

Moore’s demanding schedule included discussions with executives from companies like Korea Aerospace Industries, which is collaborating with Lockheed Martin to secure government contracts for defense projects, illustrating the blend of technology and defense in Maryland’s trade strategy.

The governor’s bold initiatives in Asia reflect a commitment to strengthen Maryland’s economic presence globally while navigating the complexities of evolving trade policies.