Trump, South Korea's Acting President Discuss Trade Talks, Tariffs

President Donald Trump held a significant phone conversation with South Korea's acting President Han Duck-soo, focusing on trade issues, including tariffs and the economic relationship between the two nations. The dialogue coincides with the impending implementation of Trump's 25% tariff on South Korean goods, set to take effect soon, prompting South Korea's Trade Minister to visit Washington for negotiations. Both leaders expressed a commitment to enhancing trade ties, with South Korea considering measures to increase imports from the U.S., particularly liquefied natural gas (LNG). Additionally, Trump mentioned ongoing negotiations with other countries, indicating a broader agenda beyond just tariffs. The discussions come amid broader trade tensions, including a hefty 46% tariff on Vietnam that could impact South Korean companies operating there. Overall, the talks signal an effort to resolve trade imbalances while navigating the complexities of existing trade agreements.