Politics10/20/2025Bloomberg

Korea Says ‘Substantial Progress’ Made in US Tariff Talks

Korea Says ‘Substantial Progress’ Made in US Tariff Talks

In recent talks between South Korea and the United States, South Korea's top policy chief reported "substantial progress" on most key issues related to tariffs. The talks, which took place over the weekend, also saw prominent South Korean business leaders attend a golf event with former US President Donald Trump at his Mar-a-Lago estate in Florida. The discussions focused on resolving trade disputes and finding ways to strengthen economic ties between the two countries. While details of the specific agreements reached were not provided, the statement from the South Korean official suggests that significant progress was made in addressing the tariff-related concerns between the two nations. The involvement of South Korean tycoons in the golf event with Trump underscores the importance of maintaining strong political and business relationships between the two countries, as they work to navigate the complexities of international trade and economic cooperation.

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