U.S. President Donald Trump will meet with South Korea’s trade delegation in Washington as Seoul races to negotiate a deal before 1 August’s 25 % tariffs on exports, according to South Korean officials.
South Korea’s trade and industry ministers, including Yeo Han‑koo and Kim Jung‑kwan, are in Washington for high‑level talks with U.S. officials like Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. The goal is to avert the tax hikes that are set to kick in if no agreement is reached by the 1 August deadline.
The delegation’s visit comes after South Korea declined to open its sensitive beef and rice markets to meet U.S. demands, instead offering energy and shipbuilding cooperation as leverage. Officials said Seoul intends to present its best possible offer during negotiations.
Despite a cancelled meeting between Finance Minister Koo Yun‑cheol and Treasury Secretary Scott Bessent due to scheduling issues, South Korea pressed ahead with key trade talks over the weekend. South Korea’s top officials, including Koo, have since joined the trade discussions to strengthen the case for a deal.
The stakes are high as the looming tariffs cover South Korea’s major exports, autos, steel, and semiconductors, and come as Japan finalises a landmark trade deal with the U.S., raising pressure on Seoul to quickly secure comparable terms.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 2nd of January, covering the latest developments you need to know.
Democrat Zohran Mamdani officially took office as New York City’s mayor on Thursday, beginning his term with a public swearing-in ceremony on the steps of City Hall.
Russia and Ukraine have accused each other of targeting civilians during New Year attacks, as intensified fighting coincided with U.S.-led efforts to push both sides towards ending the nearly four-year war.
Dozens of people are feared dead and around 100 others injured after an explosion tore through a crowded bar during New Year’s Eve celebrations at the Swiss ski resort of Crans-Montana, authorities said.
At least 47 people were killed and 112 injured after a fire broke out at a crowded bar in the Swiss ski resort town of Crans-Montana during New Year’s Eve celebrations, Italian Foreign Minister Antonio Tajani told Italian media on Thursday.
India has approved a major arms deal with Israel valued at approximately $8.7 billion, highlighting the deepening defence partnership between the two countries.
Russian athletes will not be allowed to represent their country at the Milano Cortina Winter Olympics even if a peace deal is reached with Ukraine, International Olympic Committee President Kirsty Coventry said in an interview with an Italian newspaper.
India and Pakistan on Thursday exchanged lists of nuclear facilities as well as civilian prisoners, under long-standing bilateral agreements, according to official statements from both countries.
Yemen’s southern separatists have announced plans to hold a referendum on independence from the north within two years, a move likely to further escalate tensions as Saudi-backed government forces seek to retake territory seized by the group last month.
A 6.5-magnitude earthquake has struck the southern state of Guerrero in Mexico.
Suhail Shaheen, Afghanistan’s ambassador in Doha, has again urged the United Nations to transfer Afghanistan’s seat at the UN to the Taliban-led administration, arguing the current arrangement no longer reflects realities in the country.
Russian airstrikes have devasted apartment buildings in a residential area of Kharkiv, north-eastern Ukraine, injuring at least 25 people according to the local governor.
Turkish President Recep Tayyip Erdoğan said he would have a phone call with U.S. President Donald Trump on Monday to discuss peace efforts between Ukraine and Russia as well as issues surrounding Gaza.
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