U.S. Trade Representative Jamieson Greer held a productive meeting with his South Korean counterpart on Friday in which they agreed on the importance of making swift progress toward reciprocal and balanced trade,

U.S. Treasury Secretary Scott Bessent was encouraged by "productive" early trade talks with Japan and South Korea this week, the Treasury said in a statement on Friday. In a readout issued a day after the bilateral meeting in Washington with Japanese Finance Minister Katsunobu Kato,

The US and South Korea could reach an “agreement of understanding” on trade as soon as next week, Treasury Secretary Scott Bessent said Thursday, following talks between the two nations.