South Korea Seeks US Trade Deadline Extension as Tariffs Loom
South Korea is a key US ally and major manufacturing hub for cars, semiconductors and batteries.
Photographer: SeongJoon Cho/BloombergSouth Korean and US trade officials have discussed extending the July 9 deadline for trade deals in a last-minute bid to avert sweeping tariffs from President Donald Trump.
South Korean Trade Minister Yeo Han-koo held talks with US Trade Representative Jamieson Greer on Saturday in Washington, where he proposed manufacturing partnerships and called for the elimination or reduction of tariffs on products such as automobiles and steel, Seoul’s industry ministry said in a statement on Sunday.