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US, South Korea to hold trade talks this week, Seoul says

April 20, 2025
in Business
Reading Time: 6 mins read
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US, South Korea to hold trade talks this week, Seoul says
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South Korea and the US will hold trade consultations this week in Washington at the suggestion of the US, Seoul’s trade ministry said on Sunday.

Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun will meet with Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent on the sidelines of the spring meetings of the International Monetary Fund and World Bank, the ministry said in a statement.

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South Korean Trade Minister Ahn Duk-guen, above, and Finance Minister Choi Sang-mok will meet with US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent on the sidelines of this week’s International Monetary Fund and World Bank Meetings in Washington. REUTERS

Secretary of the Treasury Scott Bessent and US Trade rep Jamieson Greer
Bessent (left) and Greer. REUTERS

South Korea hopes to lower the 25% “reciprocal” tariff that President Trump announced for the country, which he has since paused along with high tariffs slapped on a string of countries

Ahn will leave on Wednesday, the statement said. It did not specify the agenda or give other details.

Credit: Source link

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