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South Korea Races Against Time to Strike U.S. Trade Deal Before Tariff Deadline Hits

South Korea Races Against Time to Strike U.S. Trade Deal Before Tariff Deadline Hits

Author:
Coingape
Published:
2025-07-26 12:46:51
9
1

Seoul scrambles to dodge a trade war bullet as Washington's tariff hammer looms.


Clock Ticks on Critical Negotiations

With the deadline fast approaching, Korean negotiators are burning midnight oil to secure favorable terms—because nothing says 'diplomatic urgency' like impending economic pain.


The Stakes? Billions on the Line

No hard numbers disclosed, but insiders whisper this deal could make or break entire export sectors. Meanwhile, Wall Street analysts yawn—after all, it's just Main Street businesses sweating the details.


Final Push Before D-Day

Expect last-minute concessions, dramatic leaks, and the usual theater of 'productive talks' right up until the deadline—because in global trade, the real agreement always happens at 11:59 PM.

South Korea Seeks Trade Deal with U.S. Ahead of Tariff Deadline

South Korea is racing to finalize a trade agreement with the U.S. before August 1, when tariffs on Korean exports could rise to 25%. Seoul aims to secure terms at least as favorable as Japan’s recent 15% tariff cap. Key issues include shipbuilding cooperation, while sensitive topics like beef and rice imports are off the table. Despite strong export growth in tech sectors, failure to reach a deal risks heavy tariffs on 44% of South Korea’s GDP from exports.

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