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Bessent skips Seoul trade talks as deadline looms for deal
short by / on Thursday, 24 July, 2025
US Treasury Secretary Scott Bessent will miss a key trade meeting with South Korea due to scheduling conflicts, just days before the August 1 tariff deadline. Without a deal, Korean exports could face 25% US tariffs. Seoul continues negotiations, but Bessent's absence may dampen momentum. Trade Minister Yeo will now lead talks with US Trade Rep Jamieson Greer.
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