South Korea, US aim for trade package before tariff pause ends in July
- South Korea and the United States concluded first round trade talks in Washington on Thursday.
- They seek a package deal to lift new U.S. tariffs before reciprocal tariffs resume in July.
- Seoul requested tariff relief and proposed cooperation on energy and trade balances.
- US Treasury Secretary Scott Bessent called the meeting "very successful."
- Both nations agreed on a discussion framework targeting a July 8 deadline for the package.
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South Korea to hold trade talks with the U.S. this week over tariff concerns
South Korea sent a delegation to Washington to hold a second round of technical discussions this week over the Trump administration's proposed "reciprocal" tariffs, Seoul's Trade Ministry said Tuesday.
·Washington, United States
Read Full Article(Seoul = Yonhap News) Reporter Hong Guk-gi = Acting President and Prime Minister Han Duck-soo said on the 29th, "We must overcome numerous obstacles by July when the Korea-U.S. trade talks are concluded."
·Korea, Republic of
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South Korea and the United States have agreed to begin drafting a trade package that would avoid the reimposition of reciprocal US tariffs in July, the South Korean delegation said after the first round of talks in Washington.
·Belgrade, Serbia
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Total News Sources29
Leaning Left4Leaning Right4Center13Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 19%
C 62%
R 19%
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