South Korea Announces Upcoming Trade Talks With the US This Week

South Korea announces upcoming trade talks with the U.S. this Week. Officials said the U.S. suggested the meeting, and they’re now working on the schedule and topics to be discussed. 

South Korea said on April 20 that it and the U.S. will discuss trade in Washington this week after the Trump administration asked for the meeting.

The industry ministry said that South Korea's Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun will meet with U.S. Trade Rep. Jamieson Greer and Treasury Secretary Scott Bessent during the IMF and World Bank spring meetings.

"The meeting is being held at the suggestion of the US, and we are currently arranging the schedule and agenda,” the statement said

Another Exciting News you may like to read: China imposes 84% tariffs on U.S. goods

South Korea plans to negotiate with the United States after President Donald Trump announced a 25 percent tariff on goods from South Korea.

He has now set the tariff at 10 percent for 90 days for most U.S. trade partners, giving them time to renegotiate their deals with the U.S.

The statement mentioned that Ahn is set to leave Seoul on Wednesday, but it didn't provide details about the meeting's agenda.

The meeting will make South Korea one of the first countries to negotiate with the United States after the new tariffs were introduced, including baseline and reciprocal tariffs that have reached 145% on Chinese imports.