This deal would mean the duties will be lowered from the 25% that Trump had threatened in his "tariff letter" to Seoul earlier this month.

U.S. President Donald Trump will meet South Korea's trade delegation, South Korea's presidential office said on Thursday, as top officials from Seoul are in Washington to cut a last-minute deal on U.S.

There is no written agreement yet on a trade deal between South Korea and the United States announced by President Donald Trump this week, the Asian nation's trade minister said on Friday. The U.S. tariff on South Korean imports will be 15%,