South Korea, Trade Deal
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Trump, trade and tariff
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South Korea's Industry Minister Kim Jung-kwan and top trade envoy Yeo Han-koo will meet U.S. Commerce Secretary Howard Lutnick in Washington again on Friday in a bid to move closer to a deal on tariffs,
The US and South Korea have discussed creating a fund to invest in American projects as part of a trade deal, similar to an agreement Japan struck Tuesday with President Donald Trump, people familiar with the matter said.
Samsung boss Jay Y. Lee is heading off to the US to join South Korea in trade talks with the Trump administration.
South Korea's new finance minister and the country's top trade envoy will meet in Washington with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday.
South Korean trade minister arrives in Washington, says his country will do all it can to reach a trade deal with the US
South Korea is seeking trade concessions, including on tariffs and non-trade barriers, in return for accepting the U.S. request to recalibrate the USFK’s strategic posture.
Trade negotiations between South Korea and the U.S. have been delayed due to a scheduling conflict with the U.S. Treasury Secretary. As South Korea exhaustively attempts to create concessions to avoid significant tariffs,
In 2024, South Korea's exports of automobiles to the United States were valued at $34.7 billion, accounting for 49% of its total auto exports from companies such as Hyundai Motor and Kia.
Asian shares mostly declined Tuesday as some of the euphoria fizzled out over a tariff deal with Japan as proposed by President Donald Trump, which was followed by a similar deal with the European Union.