Reported about 8 hours ago
South Korean President Lee Jae Myung met with U.S. Treasury Secretary Scott Bessent on the sidelines of the UN General Assembly, emphasizing the need for negotiations to be commercially sensible and beneficial for both nations. Lee expressed hope that discussions surrounding a $350 billion investment deal, aimed at reducing tariffs on South Korean goods, would consider South Korea's unique economic context. The meeting also touched upon a potential currency swap to bolster trade agreements, as the South Korean won experiences significant fluctuations.
Source: YAHOO