US, South Korea to hold trade talks this week, Seoul says

South Korea and the United States will hold trade consultations in Washington this week, prompted by the U.S. as announced by Seoul’s trade ministry. Key officials from both sides, including South Korean Trade Minister Ahn Duk-geun and Finance Minister Choi Sang-mok, will meet with U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent during the spring meetings of the International Monetary Fund and World Bank. A primary focus will be on negotiating the 25% 'reciprocal' tariff initially announced by President Trump, which is currently on pause.

South Korea is aiming to negotiate a reduction of the 25% 'reciprocal' tariffs imposed by the U.S., which have been temporarily paused but still loom large.

Trade discussions will occur amidst the spring meetings of the IMF and World Bank, reflecting the ongoing economic partnership dynamics between South Korea and the United States.

Read at New York Post