South Korea and the USA have reached a principled consensus on the framework for trade negotiations.

The Ministry of Trade, Industry and Energy of South Korea stated in an email that officials from South Korea and the USA have reached a consensus on the framework for future tariff negotiations, and discussions will continue next week. The Minister of Trade, Industry and Energy of South Korea, Ahn Duk-geun, requested that the USA commit to exempting South Korea from all additional tariffs in the future. The Ministry of Trade, Industry and Energy of South Korea stated that Thursday's discussions focused on achieving a 'mutually beneficial' trade balance between the two countries.