FILE PHOTO: A truck driver works on a steel coil at Pyeongtaek port in Pyeongtaek, South Korea, July 8, 2025. South Korea has been making concerted efforts to reach a trade deal with Washington to reduce the threatened 25 per cent "reciprocal" tariffs and sector-specific tariffs on steel and automobiles before Aug. 1. - Reuters
WASHINGTON: US President Donald Trump's administration continues to have "productive" negotiations with South Korea to reduce "unfair" trade barriers and enhance market access for US businesses, a White House official said Friday (July 25).
South Korea has been making concerted efforts to reach a trade deal with Washington to reduce the threatened 25 per cent "reciprocal" tariffs and sector-specific tariffs on steel and automobiles before Aug. 1, when the reciprocal tariffs are set to take effect.
