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International Business Times
International Business Times
World

South Korea Nears Trade Agreement After 'Substantial Progress' in US Tariff Talks

A supporter of impeached South Korean president Yoon Suk Yeol holds the US and South Korean flags near the entrance of the Constitutional Court in Seoul on April 1, 2025.

South Korea and the United States are getting closer to finalizing a long-awaited trade agreement after what officials described as "substantial progress" during high-level tariff talks in Washington.

Kim Yong-beom, South Korea's presidential chief of staff for policy, told reporters on Sunday that most key issues were settled during his meetings with US Commerce Secretary Howard Lutnick and other senior American officials.

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