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South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul

South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul

South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul 150 150 admin

SEOUL (Reuters) – South Korea’s acting President and Finance Minister Choi Sang-mok and U.S. Treasury Secretary Scott Bessent discussed tariffs, investment and forex policy in a video call, South Korea’s finance ministry said on Friday.

Choi asked Bessent to pay attention to South Korea’s contributions to the U.S. economy in Washington’s policymaking, the ministry said in a statement, amid growing concerns in Seoul about U.S. President Donald Trump’s push for sweeping tariffs.

South Korea is a major global exporter and top trading partner with the United States. Last week, a delegation of South Korean officials requested an exemption from U.S. reciprocal, steel and aluminium tariffs during a visit to Washington.

(Reporting by Hyonhee Shin; Editing by Ed Davies)

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