SOUTH KOREA
From Times Staff and Wire Reports
Seoul Rejects U.S. Demand for Tariff Cuts: The government said the terms for vehicle imports are already better than for the European Union. A trade ministry official, speaking at the end of three days of bilateral trade talks, said Seoul has no intention of cutting rates from the current 10%, citing EU tariff rates of 11% to 22%.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
