Lee calls for ‘commercially rational’ tariff solution in talks with US treasury chief

NEW YORK — President Lee Jae Myung and U.S. Treasury Secretary Scott Bessent met Wednesday (local time) to tackle persistent hurdles in bilateral tariff negotiations, a central challenge to the economic relationship between the two allies. According to the presidential office, Lee expressed his commitment to a pragmatic resolution, saying he hopes the negotiations will proceed in a "commercially rational" way that serves the interests of both countries. The 30-minute meeting, held in New York on the sidelines of Lee’s United Nations visit, marked their second encounter, following initial talks during the Korea-U.S. summit with President Donald Trump in August. “The Korea-U.S. relationship is very important as an alliance, and close cooperation between the two countries is crucial not only for security but also for economic ties, which are essential for sustaining and developing the alliance,” Lee was quoted as saying by Kim Yong-beom, chief presidential secretary for policy, during a briefing in New York. The Korean president went on to emphasize that while cooperation in the fieWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times