The two sides will reschedule the meeting between Treasury Secretary Scott Bessent and South Korean Finance Minister Koo Yun-cheol, as well as the top trade envoys of both countries, as soon as possible,

High-level trade talks between South Korea and the United States were abruptly canceled due to scheduling conflicts involving U.S. Treasury Secretary Scott Bessent, South Koreas Ministry of Finance announced Thursday.

South Korea pushes for mutually beneficial US deal, aiming to avoid steep tariffs and expand shipbuilding cooperation.