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2025-07-30 07:05:20

South Korea launches final round of tariff negotiations ahead of US plan to impose 25% "reciprocal tariffs" on South Korean goods. The South Korean government is pressing ahead with final-stage negotiations ahead of the US's planned 25% "reciprocal tariff" on South Korean goods, effective August 1st. Multiple South Korean media outlets reported on the 29th that South Korean Deputy Prime Minister and Minister of Strategy and Finance Koo Yoon-chul departed for the US that day and planned to meet with US Treasury Secretary Bensont in Washington on July 31st, aiming to secure tariff reductions before the deadline. (Global Times)

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