South Korea is pushing for a deal that matches the one the US striked with Japan. I think it's pretty obvious now for the market that we will get deals in the 10-20% tariff range and although it might be good news in the short term and lift risk assets, most of this is priced in already.
If negotiations fail, South Korea would get 25% tariffs on August 1 although I expect the deadline to be extended if they are indeed finalising the process.
Hence then, the article about south korea presidential office ministers will meet us seccom and ustr greer on friday was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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