South Korea to prepare mutually agreeable trade package as US tariff deadline looms July 26, 2025 at 3:52 AM SEOUL (Reuters) South Korea will prepare a trade package that is mutually agreeable with the United States ahead of ministerlevel meetings planned next week and a U.S.
- - South Korea to prepare mutually agreeable trade package as US tariff deadline looms
July 26, 2025 at 3:52 AM
SEOUL (Reuters) -South Korea will prepare a trade package that is mutually agreeable with the United States ahead of minister-level meetings planned next week and a U.S. tariff-pause deadline of August 1, the presidential office said on Saturday.
The package will include shipbuilding cooperation, a sector of high interest to U.S. Commerce Secretary Howard Lutnick, who discussed the matter with South Korea's Industry Minister Kim Jung-kwan on Friday, it said in a statement.
South Korea's Finance Minister Koo Yun-cheol and Foreign Minister Cho Hyun will also hold meetings with U.S. Treasury Secretary Scott Bessent and State Secretary Marco Rubio, respectively, next week.
(Reporting by Jihoon Lee; Editing by Jacqueline Wong)
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