South Korea Cites US Investment Hurdle
South Korean President Lee Jae Myung noted that commercial viability concerns remain a key sticking point in US investment negotiations. Despite differences, both nations continue intense talks to protect national interests while ensuring mutual benefits.
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South Korea President Lee Jae Myung said on Friday afternoon that commercial viability concerns in a $350B investment package with the United States remain a sticking point. Negotiators are working through details as the two allies hammer out the implementation of last year's trade pact. Seoul lowered tariffs on imports to 15% under the agreement.
