High-Stakes Trade Talks: South Korea and U.S. Set to Discuss Tariffs

South Korea's new Finance Minister, Koo Yun-cheol, will meet with U.S. officials on Friday to discuss American tariffs. South Korea's foreign and industry ministers are also set to visit the U.S. as soon as this week for further trade negotiations. Koo assumed office on Monday.


Devdiscourse News Desk | Seoul | Updated: 22-07-2025 05:36 IST | Created: 22-07-2025 05:36 IST
High-Stakes Trade Talks: South Korea and U.S. Set to Discuss Tariffs
Finance Minister
  • Country:
  • South Korea

In a move set to influence international trade dynamics, South Korea's newly appointed Finance Minister, Koo Yun-cheol, will convene with his U.S. counterparts on Friday. The talks aim to address the contentious issue of U.S. tariffs.

According to Koo, who briefed reporters following a meeting of economic ministers, these discussions will also involve South Korea's top trade envoy, symbolizing the nation's proactive approach in dealing with trade challenges.

Furthermore, South Korea's foreign and industry ministers are scheduled to fly to the United States for further trade discussions as early as this week, indicating the urgency and importance of these negotiations under Koo's fresh leadership.

(With inputs from agencies.)

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