New S. Korea leader, Trump agree to seek 'satisfactory' tariff deal
SEOUL (Kyodo) -- New South Korean President Lee Jae-Myung and U.S. President Donald Trump agreed during their first telephone talks on Friday to work toward a "mutually satisfactory" agreement on U.S. tariffs at an early date, South Korea's presidential office said.
"Regarding ongoing tariff consultations between the two countries, the presidents agreed to strive for a mutually satisfactory agreement as soon as possible," the office said after their phone talks, adding that the leaders pledged to encourage tangible progress to be achieved in working-level negotiations.
The two countries have been trying to negotiate a deal on the 25 percent tariffs Trump imposed on South Korea in early April as part of his so-called reciprocal import duties targeting almost all countries.
During their talks, which started off with Trump congratulating Lee on his win in Tuesday's election, Lee emphasized the significance of his country's alliance with the United States. Both sides expressed an intention to work closely together for further development of the iron-clad alliance, according to the office.
The office also said that Trump invited Lee to the United States, and the two leaders agreed to meet at the earliest opportunity to hold more in-depth discussions on advancing the alliance.
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