South Korean Finance Minister Koo Yun-cheol aims to secure a mutually beneficial trade deal with the U.S. before August 1 to avoid tariffs on key exports. The Hanwha Group plans major investments in the U.

South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.

South Korea proposed a massive U.S. shipbuilding partnership as Seoul looks to finalize a trade deal with Washington. The post South Korea offers billions to help make US shipbuilding ‘great again’ appeared first on FreightWaves.