Post #5317

🇰🇷🇺🇸 South Korea trade talks with US deadlocked over forex, Seoul says South Korea's negotiations to finalize a US trade deal are being held up due to foreign exchange issues and Seoul has asked Washington to help find a way to cap any market impact from a $350 billion investment package, a senior presidential official said. The delay in striking a final deal comes after US President Donald Trump last week signed an executive order to implement Japan's trade deal, which includes a $550 billion investment package. Presidential Policy Secretary Kim Yong-beom said the most important matter that needed to be addressed in order for South Korea to sign any agreement on the investment package was the impact it would have on the domestic dollar-won exchange market. #SouthKorea#USA @asianomics