South Korea says in talks with US monetary authorities on overseas trade

• Overseas trade charges ought to be decided by markets in precept
• Doesn’t have particular route in thoughts on overseas trade charges

For some context, the US Treasury first positioned South Korea on its foreign money manipulation watchlist all the way in which again in 2016. That earlier than dropping South Korea from the listing in November 2023 earlier than reinstating it in November 2024. The explanations cited are points surrounding persistent commerce and present account surpluses.

In order South Korea now strikes a framework settlement with the US on commerce, they are going to be hoping that they will additionally resolve the matter of this foreign money manipulation accusation in additional negotiations.

This text was written by Justin Low at investinglive.com.