U.S. Treasury Secretary Scott Bessent was encouraged by "productive" early trade talks with Japan and South Korea this week, the Treasury said in a statement on Friday. In a readout issued a day after the bilateral meeting in Washington with Japanese Finance Minister Katsunobu Kato,

Here are some of the key issues that may be discussed during the South Korea-U.S. trade talks. South Korea faces looming reciprocal tariffs, which Trump set at 25%, as well as item-specific tariffs on products such as steel, autos and semiconductors.

US Treasury chief Scott Bessent says talks are ‘moving faster than I thought’, and technical terms could be discussed as early as next week.