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South Korea, U.S. Forge Security Pact Amid Trade Talks

10/2/2025

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Story summary
  • South Korea plans to unveil a security agreement with the United States.
  • Foreign Minister Cho Hyun says defense talks may proceed.
  • A rough security accord has emerged alongside tariff talks.
  • The U.S. is reviewing a currency swap deal. It has agreed to lower tariffs on South Korean imports in exchange for a $350 billion investment package, with follow-up details delayed.