U.S. Diplomatic Envoy Arrives in Seoul as South Korea Reaffirms Trade Pact Stability
Stock Market News·2026-02-23 07:08
Key TakeawaysSouth Korea’s Ministry of Trade officially confirmed that the U.S.-Korea Free Trade Agreement (KORUS FTA) remains in full effect following a landmark U.S. Supreme Court ruling.A senior aide to U.S. Secretary of State Marco Rubio arrived in Seoul on Monday to coordinate the "faithful implementation" of a $350 billion investment pledge made by South Korea.The U.S. Supreme Court recently struck down "reciprocal" tariffs imposed under emergency powers, voiding a 15% duty on Korean goods, though a n ...