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25.09.2025

South Korea Aims for Tariff Deal with US

Illustration for: South Korea Aims for Tariff Deal with US

South Korea’s industry minister announced on Thursday that the nation is dedicated to finalizing a tariff reduction agreement with the United States, which includes significant South Korean investment in the US.

Efforts are ongoing to resolve conflicts over South Korea’s $350 billion investment, following the preliminary agreement made in July, according to Minister Kim Jung-kwan. This was in response to questions about whether Seoul might abandon the discussions.