South Korea trade envoy: may be able to strike framework deal with US by Aug 1 deadline

ReutersJul 14, 2025 2:12 AM

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SEOUL, July 14 (Reuters) - South Korea's top trade envoy said on Monday it may be possible to strike an "in-principle" trade deal with the United States by an August 1 deadline, but time is short to work out a detailed package seeking exemption from punishing U.S. tariffs, media reports said.

Minister for Trade Yeo Han-koo, who held high-level talks with U.S. officials last week, said South Korea may have to make some strategic decisions over its agriculture market as part of trade negotiations with the United States, the Yonhap News Agency said.

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