South Korea, US Edge Closer to US$350 Billion Trade Deal Breakthrough
South Korea seeks currency swap safeguards amid $350 billion investment talks with the U.S., with officials expecting resolution within 10 days, Treasury Secretary said.
4 Articles
4 Articles
Bessent expects to finalize trade deal with Korea in 10 days
WASHINGTON — U.S. Treasury Secretary Scott Bessent said Wednesday that Korea and the United States can resolve their differences over how to implement Seoul's $350 billion investment pledge, noting that he expects "something" to come "in the next 10 days." Bessent made the remarks during a press meeting, responding to a question from Yonhap News Agency about whether the two countries can bridge their gaps over Korea's investment package, which w…
The government is cautious about the US Treasury Department currency swap rumors... The US side is responding that a deal is imminent. Reporter Shin Ho-kyung and Min Kyung-rak = The government is showing a cautious attitude toward the US Treasury Department currency swap rumors and is expressing concern about the US's demand for $350 billion in investment during the Korea-US trade negotiations.
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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