• Reuters, JIJI

  • SHARE

The United States agreed Monday to exempt South Korea from steel tariffs, instead imposing a quota on steel imports as the two countries agreed in principle to revise a trade pact that has been sharply criticized by U.S. President Donald Trump.

In return, South Korea said it would improve access for U.S. automakers under the bilateral free trade deal known as KORUS, the country’s trade ministry said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)