South Korea Committed to US Tariff Deal

Illustration for: South Korea Aims for Tariff Deal with US

South Korea’s industry minister said on Thursday that the country remains committed to successfully concluding a deal with Washington on tariff cuts involving a large-scale investment by South Korea in the US.

The two sides are working to reconcile disagreements on the $350 billion investment by South Korea that have emerged since the agreement in principle reached in July, Minister Kim Jung-kwan said, when asked if Seoul was willing to walk away from the talks.