💨 Abstract

The South Korean-US trade talks in Washington on Thursday will cover a broad range of issues, including tariffs, trade balance, shipbuilding, energy cooperation, and military cost sharing. South Korea faces potential tariffs on steel, autos, and semiconductors and may seek to lower the reciprocal tariff rate to 10%. The US may ask South Korea to lower remaining tariffs on agricultural goods and target some non-tariff barriers.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖