Tariff Deal Offers Framework, but Sticking Points Remain Ahead of Korea-US Summit

Tariff deal offers framework, but sticking points remain ahead of Korea-US summit

As President Lee Jae Myung prepares to meet U.S. President Donald Trump in Washington later this month, unresolved economic issues remain a significant part of the agenda, highlighting the complexity of the Korea-U.S. trade relationship in the wake of the recently announced tariff agreement. Seoul and Washington on Wednesday announced a sweeping tariff agreement centered on a $450 billion investment and purchasing package, following months of pr…

Korea, US prepare for summit with details of trade deal unresolved

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Analysis-Korea, US prepare for summit with details of trade deal unresolved - Regional Media News

By Hyunjoo Jin and Jihoon Lee SEOUL (Reuters) -As South Korea and the United States prepare for a summit of their leaders, topics left unresolved by a recent trade deal provide scope for more disputes between the key allies and trade partners, six former negotiators and experts said. President Donald Trump may use the summit with counterpart Lee Jae Myung to seek more concessions on defence costs and corporate investments, left out of the deal, …

South Korea’s FM Cho Says Lee-Trump Summit Unlikely To Be Delayed To Next Month

Cho Hyun, the foreign minister of South Korea, stated on Sunday that last-minute arrangements are on to schedule a summit between US President Donald Trump and South Korean President Lee Jae Myung, and that the planned meeting will not be postponed until next month. Lee will visit the White House in two weeks, Trump said last week, after Washington agreed to reduce “reciprocal” tariffs on South Korea from the intended 25% to 15% in exchange for …

South Korea eyes swift Trump-Lee summit amid fragile tariff deal and US demands

South Korean foreign minister Cho Hyun said on Sunday the planned summit between U.S. President Donald Trump and ROK President Lee Jae-myung will take place before the end of August, with the date still being finalized. Speaking to reporters after returning from a four-day trip to the U.S., Cho said the allies reaffirmed Washington’s extended […]