South Korea's Industry Minister Ahn Duk-geun said on Saturday that Seoul plans to approach trade talks with the United States "calmly and cautiously."

During a meeting on Thursday between Bessent, U.S. Trade Representative Jamieson Greer, South Korean Finance Minister Choi Sang-mok and South Korean Trade Minister Ahn Duk-geun, the officials agreed to "further productive discussions, including on currency policy," the Treasury said in a separate statement.

The U.S. Treasury is engaged in tariff negotiations with South Korea to encourage more trade between the allies. Key officials from both countries discussed promoting a trade-friendly equilibrium, focusing on productive talks,