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South Korea and the U.S. hold urgent talks to resolve trade issues, including a revised $350 billion investment deal, ahead of a key summit.
South Korean officials are in Washington for urgent talks with the U.S. to resolve remaining issues in a stalled trade deal, focusing on a $350 billion investment pledge now expected to be structured with flexible payments rather than an upfront cash requirement.
Key differences remain over investment terms and foreign exchange stability, but progress has been made ahead of a planned APEC summit in Seoul where Presidents Lee Jae Myung and Donald Trump are expected to meet.
U.S. tariffs on South Korean cars remain at 25%, while other imports face 15% duties.
Both nations aim to release a joint fact sheet on trade and security after the summit.
Corea del Sur y Estados Unidos mantienen conversaciones urgentes para resolver problemas comerciales, incluido un acuerdo de inversión revisado de $350 mil millones, antes de una cumbre clave.