💨 Abstract

South Korean Industry Ministry officials will visit Washington for talks on U.S. tariffs, seeking exemptions from reciprocal tariffs and import duties on automobiles and steel. The trip follows a recent agreement between the countries to craft a trade package, aiming to remove new U.S. tariffs set to take effect in July. Discussions are moving slowly, with no formal negotiations yet.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖