US, South Korea to hold trade talks this week, | Business

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US, South Korea to hold trade talks this week, – Business News

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South Korea and the US will hold trade consultations this week in Washington on the suggestion of the US, Seoul’s trade ministry stated 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 conferences of the International Monetary Fund and World Bank, the ministry stated in a assertion.

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

Bessent (left) and Greer. REUTERS

South Korea hopes to decrease the 25% “reciprocal” tariff that President Trump introduced for the nation, which he has since paused together with high tariffs slapped on a string of international locations

Ahn will depart on Wednesday, the assertion stated. It didn’t specify the agenda or give different particulars.

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