Seoul, April 25, 2025 (AFP) - South Korea proposes 'package deal' to avoid US tariffs

NAMPA / AFP

2025-04-25

South Korea has proposed a "package deal" to Washington to avoid Donald Trump's steep tariffs, its finance minister said Friday, which US Treasury Secretary Scott Bessent said could bring a trade "understanding" by next week. The country is a major exporter to the United States, and giants such as Samsung Electronics and automaker Hyundai stand to take a hefty hit if the White House goes ahead with its threatened 25 percent "reciprocal" tariffs.......

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