South Korea’s tariff negotiations with the U.S. have hit a roadblock, with both sides struggling to finalize a deal announced in July. The delay centers on ironing out details of a massive $350 billion investment fund—proving that even global allies face tough bargaining sessions. 💼
The Sticking Points
President Lee Jae-myung’s office confirmed talks are stalled, emphasizing Seoul won’t rush into a deal that risks losses for Korean companies. A senior official stated: "We cannot do everything the U.S. wants… National interest comes first." 🇰🇷✨
What’s Next?
Trade envoy Yeo Han-koo is currently in the U.S. for follow-up talks, but as Yonhap News reported, the "devil is in the details"—a phrase that’s giving K-drama levels of suspense to this economic showdown. 📉 Will both sides compromise, or will tariffs become the next viral breakup trend? Stay tuned.
Reference(s):
South Korea presidential office says tariff talks with U.S. stalled
cgtn.com