«`html

Economics | Trade

South Korea Declares Inability to Meet $350 Billion Cash Requirement in Trade Agreement

By | September 28, 2025 at 7:25 AM UTC

South Korea has announced that it cannot fulfill the United States’ demand for $350 billion in cash as part of a proposed trade agreement aimed at reducing tariffs. This statement was made by a high-ranking official from the South Korean government.

During an interview with Channel A News, National Security Adviser Wi Sung-lac emphasized that the country’s stance is not a bargaining tactic. He stated, “This is not a negotiating tactic; it is an objective reality. We simply cannot manage a payment of $350 billion in cash.”

This declaration highlights significant financial constraints faced by South Korea in the context of ongoing trade discussions with the U.S.

«`

Source: Original

От wpadmin