
South Korea minister meets US commerce secretary in effort to reach tariff deal
2025-07-25 09:45:41 source:Reuters
July 25, 2025
SEOUL, July 25 (Reuters) - South Korea's Industry Minister Kim Jung-kwan met U.S. Commerce Secretary Howard Lutnick on Thursday and reaffirmed a commitment to reach a deal on tariffs by the August 1 deadline, South Korea's industry ministry said on Friday.
During the meeting in Washington, the two discussed how cooperation between the two countries' manufacturing sectors could bolster a deal to lower proposed U.S. tariffs set to be slapped on South Korea, the ministry said in a statement.
"We'll do our best so that our companies are not put at a disadvantage relative to those in competing countries," the ministry cited Kim as saying after his meeting.
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