Defence Monitor

‘July package

South Korea, US agree to seek ‘July package’ deal on tariff, other issues

South Korea, US agree to seek ‘July package’ deal on tariff, other issues

Washington, April 25 (IANS) South Korea and the United States concurred on joint efforts to craft a "package" agreement on new U.S. tariffs, and economic and industrial cooperation issues by early July, Seoul's finance minister said, as the allies held high-level trade talks in Washington, DC. Finance Minister Choi Sang-mok told reporters that the two sides agreed to pursue the deal by July 8 -- when U.S. President Donald Trump's 90-day pause on "reciprocal" tariffs ends -- through talks focusing on four categories -- tariff- and non-tariff measures; economic security; investment cooperation; and currency policies, reports Yonhap news agency. Toward…
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