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Bloomberg

South Korea Weighing US Request to Boost Defense Spending

South Korea is in talks with the US about raising its defense spending, a key demand of President Donald Trump as he calls on allies to ramp up their outlays on security and lessen the burden on the US. 'Such discussions are ongoing between working-level officials. We need to decide how to respond,' National Security Adviser Wi Sung-lac told reporters late Thursday, indicating that progress in talks on trade would also support discussions on security. 'It's true the United States is currently making similar requests to several allies, similar to NATO.'