South Korea's Finance Minister Choi Sang-mok will head to Washington next week for a pivotal meeting with U.S. Treasury Secretary Scott Bessent, Seoul's finance ministry confirmed on Wednesday.
The visit, arranged at the suggestion of Bessent, will take place during the spring meetings of the International Monetary Fund and World Bank. Choi is also scheduled to attend a gathering of G20 finance ministers.
The talks come as South Korea aims to soften the blow from President Donald Trump's sweeping tariff programme. Though the 25% reciprocal tariff on South Korean goods has been paused for now, Seoul is pushing for a more permanent resolution. Acting President Han Duck-soo has prioritised engaging with senior Trump officials to minimise disruption to South Korea's export-driven economy.
Choi said on Tuesday the initial goal is to delay implementation of the tariffs while longer-term solutions are negotiated. Bessent recently said allies like South Korea could benefit from a "first mover advantage" by reaching an agreement in principle soon.
White House Press Secretary Karoline Leavitt added that the administration is reviewing more than 15 proposals and hinted that some deals may be finalised shortly.
The U.S. Treasury Department encouraged Choi to use the G20 sidelines to engage directly with Bessent, as both sides weigh options to shield businesses from the fallout of the new trade regime.
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Finland is closely watching Russia’s ongoing Zapad-2025 military exercises in Russia, Belarus, and the Baltic and Barents Seas, Finnish Defence Forces (FDF) commander Janne Jaakkola said on Monday.
European authorities have intercepted more than 2,400 shipping containers at Greece’s port of Piraeus in the European Union’s largest-ever container seizure, valued at around €250 million ($294m).
U.S. President Donald Trump said on Monday that Israel will not carry out further strikes in Qatar following last week’s attacks on Doha, which targeted senior Hamas officials.
Leaders from the 57-member Organisation of Islamic Cooperation and 22-member Arab League met in Doha on Monday, concentrating on the impact of recent attacks on Qatar and the wider Middle East, and calling for coordinated measures to preserve stability and support ongoing mediation efforts.
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Finland is closely watching Russia’s ongoing Zapad-2025 military exercises in Russia, Belarus, and the Baltic and Barents Seas, Finnish Defence Forces (FDF) commander Janne Jaakkola said on Monday.
European authorities have intercepted more than 2,400 shipping containers at Greece’s port of Piraeus in the European Union’s largest-ever container seizure, valued at around €250 million ($294m).
U.S. President Donald Trump said on Monday that Israel will not carry out further strikes in Qatar following last week’s attacks on Doha, which targeted senior Hamas officials.
Leaders from the 57-member Organisation of Islamic Cooperation and 22-member Arab League met in Doha on Monday, concentrating on the impact of recent attacks on Qatar and the wider Middle East, and calling for coordinated measures to preserve stability and support ongoing mediation efforts.
U.S. President Donald Trump has signed a presidential memorandum establishing the "Memphis Safe Task Force,” which will deploy National Guard troops alongside federal agencies to tackle rising crime in Memphis, Tennessee.
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