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Bank of Korea, Seoul — Wikimedia Commons (CC BY-SA 3.0)

Sep 23, 2025 AM EDT - Jason

Lee Warns U.S. Tariff Talks Are Rattling Korea’s FX, Seeks a “Commercially Rational” Deal

South Korean President Lee Jae-myung said in New York that ongoing negotiations with Washington over tariff relief are affecting foreign-exchange sentiment in Korea, while adding that both sides can still reach a "commercially rational" outcome. Lee delivered the remarks during meetings with U.S. lawmakers on the sidelines of the UN week, noting that a large U.S.-bound investment packag

Seoul skyline with bridge over the Han River. (Photo by Clark Gu / Unsplash)

Sep 15, 2025 PM EDT - Jason

South Korea–U.S. Trade Talks Slow Over Currency Swap Dispute

Negotiations between South Korea and the United States on a $350 billion investment framework have hit delays. Officials in Seoul want a standing currency swap line with the U.S. Federal Reserve, while Washington has been cautious to commit. The investment plan was first announced in July, covering areas such as semiconductors, clean energy, and other advanced industries. It was billed at the time as a sign of deeper economic ties,

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