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South Korea and US hold new talks after tariff agreement

Seoul, Jul 31 (Prensa Latina) The diplomatic heads of South Korea and the United States hold new talks after the tariff agreement reached between the two countries and the announcement of a planned summit between their leaders.

The Foreign Ministry disclosed in this capital that Foreign Minister Cho Hyun will meet in Washington with U.S. Secretary of State Marco Rubio to hold the talks.

The talks are expected to focus on enhancing the bilateral alliance, coordinating key shared issues and making preparations for the first summit between South Korean President Lee Jae Myung and his U.S. counterpart Donald Trump.

The talks will take place after the two sides announced the closing of an agreement to reduce reciprocal tariffs on South Korean goods to 15 percent from the initially proposed 25 percent.

In return, South Korea will make investments, worth $350 billion in the United States, in the shipbuilding, semiconductor and biotechnology sectors, among others.

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