financetom
Business
financetom
/
Business
/
South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul
Feb 27, 2025 6:40 PM

SEOUL (Reuters) - South Korea's acting President and Finance Minister Choi Sang-mok and U.S. Treasury Secretary Scott Bessent discussed tariffs, investment and forex policy in a video call, South Korea's finance ministry said on Friday.

Choi asked Bessent to pay attention to South Korea's contributions to the U.S. economy in Washington's policymaking, the ministry said in a statement, amid growing concerns in Seoul about U.S. President Donald Trump's push for sweeping tariffs.

South Korea is a major global exporter and top trading partner with the United States. Last week, a delegation of South Korean officials requested an exemption from U.S. reciprocal, steel and aluminium tariffs during a visit to Washington.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Global travel chaos has airlines scrambling after fire forces Heathrow shutdown
Global travel chaos has airlines scrambling after fire forces Heathrow shutdown
Mar 21, 2025
* Flights began to resume late on Friday * British Airways warns of 'huge impact' in coming days * Unclear who responsible for cost of disruption * Police say incident not being treated as suspicious LONDON, March 22 (Reuters) - The global travel industry was scrambling on Saturday to reroute passengers and fix battered airline schedules after a huge fire...
Voice of America employees sue Trump administration over shuttered US-funded news outlets
Voice of America employees sue Trump administration over shuttered US-funded news outlets
Mar 21, 2025
NEW YORK (Reuters) -Voice of America employees, journalists and unions sued the Trump administration in New York on Friday, saying that the shutdown of U.S.-funded news agencies violated the workers' First Amendment right to journalistic freedom. The lawsuit alleges that the U.S. Agency for Global Media, its acting director Victor Morales, and Special Adviser Kari Lake violated several laws when...
US transportation chief to unveil plan to upgrade air traffic control
US transportation chief to unveil plan to upgrade air traffic control
Mar 21, 2025
WASHINGTON (Reuters) -Transportation Secretary Sean Duffy will unveil a plan next week to upgrade the aging, under-staffed U.S. air traffic control system next week, he said on Friday. Duffy said earlier this month that he planned to ask Congress for tens of billions of dollars for a multi-year effort to revamp Federal Aviation Administration air traffic control infrastructure, including buying...
Elon Musk holds unprecedented Pentagon talks, wants leakers prosecuted
Elon Musk holds unprecedented Pentagon talks, wants leakers prosecuted
Mar 21, 2025
* Musk holds high-level meeting with Pentagon * Tesla CEO urges prosecution for Pentagon leakers * Trump and Musk deny press report on China war plans briefing (Adds comment from New York Times in paragraph 5) By Phil Stewart, Idrees Ali and Nandita Bose WASHINGTON, March 21 (Reuters) - Billionaire Elon Musk took his campaign to cut the U.S. federal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved