South Korea and the United States are slated to discuss trade this week in Washington at the Trump administration’s request, Seoul’s trade ministry said on April 20.
South Korean Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun will meet with U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent alongside the spring meetings of the International Monetary Fund and World Bank, according to an industry ministry statement.
“The consultation is taking place at the suggestion of the US, and we are currently coordinating details of the schedule and agenda,” the statement said.
South Korea is looking to negotiate with the United States after President Donald Trump announced a 25 percent reciprocal tariff on the East Asian nation. He has since capped the tariff at 10 percent for a 90-day period, for most U.S. trade partners, to allow them time to renegotiate their trade deals with the United States….