South Korea will prepare a trade package that is mutually agreeable with the United States ahead of minister-level meetings planned next week and a U.S. tariff-pause deadline of August 1, the presidential office said on Saturday.

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.

Dialogue planned for Friday was postponed just an hour before South Korean finance chief was scheduled to leave for Washington - Anadolu Ajansı