US, South Korea trade ministers reaffirm commitment to reaching tariff deal
SEOUL, June 24 (Reuters) - United States and South Korean trade ministers reaffirmed their commitment to reaching a deal on tariffs as early as possible during a meeting on Monday, South Korea's Ministry of Trade, Industry and Energy said on Tuesday.
South Korea's top trade envoy Yeo Han-koo again sought exemptions from U.S. President Donald Trump's "reciprocal" tariffs as well as tariffs on items such as automobiles and steel, in a meeting with U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer, the ministry said in a statement.
Acting U.S. ambassador to South Korea Joseph Yun said at a seminar on Tuesday that there may be new trade talks about the Free Trade Agreement (FTA) between South Korea and the U.S., local online outlet Money Today reported.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
28 minutes ago
- Reuters
Trump says US interest rates should be at least two to three points lower
June 24 (Reuters) - U.S. President Donald Trump on Tuesday said interest rates should be at least two to three points lower and the U.S. Federal Reserve could increase them later if things turned negative. "We should be at least two to three points lower. If things later change to the negative, increase the Rate," he said in a post on Truth Social.
The Independent
29 minutes ago
- The Independent
Photos of the aftermath of Iranian missile strikes in Israel as ceasefire status remains unclear
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it. Your support makes all the difference.
Sky News
40 minutes ago
- Sky News
Can Tehran regard Trump as a trusted broker of peace when he floated the idea of regime change in Iran?
These days, peace is a post on social media. On Donald Trump's Truth Social site, it came in two parts. Part one read: "CONGRATULATIONS WORLD, IT'S TIME FOR PEACE." The Magna Carta it wasn't, but it was a peace treaty for our times - a US president announcing there would be no retaliation against Iran's missile attack. An anxious world watching for US bombers returning to Iranian skies could cool its jets - and the primetime president could feel vindicated, having enjoyed strategic success. Trump has tweaked the politics and military landscape around Iran to suit US interests, without a single American life lost. He had framed US intervention in Iran as an effort to prevent a "forever" foreign war, not to provoke it, and he is sitting pretty, following ugly predictions he'd be sucked into conflict. Then, on Truth Social, there was peace "part two". A couple of hours after announcing non-retaliation, Trump wrote the sequel: "Ceasefire." He posted: "CONGRATULATIONS TO EVERYONE!" - saying a "complete and total" ceasefire had been fully agreed between Israel and Iran. Quite the day of problem-solving for the self-styled "peacemaker-in-chief". Quite the day of problems unsolved too - time will tell. As deadlines loomed, neither Israel nor Iran appeared fully committed to the Trump script, and fresh missiles were fired overnight. Daytime will test the durability of a ceasefire. There are motivations on both sides to continue a conflict in which both see the other as an existential threat. Can Tehran regard Donald Trump as a trusted broker of peace when he floated the idea of regime change in Iran, as pursued by Israel? Can Israel be convinced to pull back on its military advantage when its instinct will be to reinforce superiority and undermine an Iranian rebuild? Trump's influence will be tested, as ever, when he flies to a NATO summit in The Netherlands today. For him, it can be a difficult crowd and one for whom he remains a mystery. A positive result in the Middle East will help to confound their curiosity, for the better.
