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