Reported about 8 hours ago
South Korea is negotiating with US officials to extend the July 9 deadline for trade agreements to prevent the reimposition of tariffs by President Trump. South Korean Trade Minister Yeo Han-koo proposed manufacturing partnerships and the reduction of tariffs on key products like automobiles and steel during talks with US Trade Representative Jamieson Greer. With a looming 25% tariff that could harm South Korea's already struggling economy, the two sides aim to reach a mutually beneficial agreement and possibly hold more discussions before the deadline.
Source: YAHOO