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US-South Korea Trade Talks Postponed over Bessent Schedule as Tariff Deadline Looms
SEOUL, SOUTH KOREA, JUL 24 – The talks were postponed due to U.S. Treasury Secretary Scott Bessent's urgent schedule ahead of U.S. tariffs set to begin Aug. 1, with rescheduling planned soon, South Korean officials said.
- On July 24, 2025, Seoul's finance ministry announced that high-level trade talks scheduled for later this week were postponed due to U.S. Treasury Secretary Scott Bessent's urgent schedule.
- Amid growing pressure following a Japan-U.S. trade agreement, South Korea confronted 25% reciprocal tariffs set to start on Aug. 1.
- At around 9:00 a.m. Thursday, Kang Young-kyu said the U.S. side informed South Korea about the postponement, and the planned "2+2" dialogue would have included Koo Yun-cheol, Yeo Han-koo, Scott Bessent, and Jamieson Greer.
- Stocks dipped after the postponement, while Industry Minister Kim Jung-kwan and Yeo Han-koo continue scheduled consultations, the Finance Ministry said.
- The ministry added the two sides will reschedule the meeting as soon as possible, following Kang Young-kyu's statement that the U.S. proposed holding talks in the near future.
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US-South Korea trade talks postponed over Bessent schedule as tariff deadline looms
SEOUL: Talks between top South Korean and US officials to negotiate over United States President Donald Trump's tariffs have been postponed due to a scheduling conflict for US Treasury Secretary Scott Bessent, South Korea's finance ministry said on Thursday (Jul 24). The two sides will reschedule the meeti
·Singapore
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Bessent Set to Miss Key US-South Korea Trade Talks This Week
A high-level trade meeting between South Korea and the US this week will be missing US Treasury Secretary Scott Bessent due to a scheduling conflict on the US side, South Korea’s Finance Ministry said Thursday.
·United States
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Total News Sources20
Leaning Left4Leaning Right3Center4Last UpdatedBias Distribution36% Left, 36% Center
Bias Distribution
- 36% of the sources lean Left, 36% of the sources are Center
36% Center
L 36%
C 36%
R 27%
Factuality
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