South Korea to step up US trade talks before tariffs kick in on August 1

  • Posted on July 8, 2025
  • By Bing News
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South Korea to step up US trade talks before tariffs kick in on August 1

By Jack Kim and Ju-min Park SEOUL (Reuters) -South Korea said it planned to intensify trade talks with the United States and considered U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period on implementing reciprocal tariffs. U.S. Secretary of State Marco Rubio said the new deadline as set out by Trump in a letter addressed to South Korean
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