22-07-2025
South Korea Weighs Painful Concessions to Avert Trump's Tariffs
South Korea will hold high-level trade talks with the US on July 25, accelerating efforts to head off sweeping tariffs by weighing politically sensitive concessions that could reshape ties between the two allies.
Finance Minister Koo Yoon-cheol and Trade Minister Yeo Han-koo will meet their US counterparts, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, in a so-called '2+2' format in Washington, Koo told reporters Tuesday.