US EditionUS-Korea Fund Stuck on Key Points Ahead of Trump Visit, Lee Says
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NaverPresident Lee Myung-bak said that the major issues in the Korea-US trade negotiations, the $350 billion investment package worth approximately 500 trillion won, are still at an impasse. In an interview with Bloomberg News, he said that a delay in reaching an agreement does not necessarily mean failure. President Lee Jae-myung said that the two countries have not yet discussed the main contents of the $350 billion investment package worth approxi…
US-Korea Fund Stuck on Key Points Ahead of Trump Visit, Lee Says
The US and South Korea remain stuck on “all” the major details of a $350 billion investment pledge, President Lee Jae Myung said in an interview Friday, signaling that they may fail to finalize a trade deal in time for a summit meeting with Donald Trump.
[Digital Daily Reporter Lee Sang-il] U.S. President Donald Trump hinted that an agreement was imminent, stating that tariff and trade negotiations with South Korea were in the final stages. On his way to his Asian tour, Trump said, "If South Korea is ready, I am ready," handing the ball to the South Korean government for the final decision. South Korea and the U.S. are currently negotiating over the method of lowering tariffs on Korean products …
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