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Trump, Ross say U.S., South Korea close to trade deal

Published 03/23/2018, 01:59 PM
Updated 03/23/2018, 02:01 PM
© Reuters. FILE PHOTO - Trump speaks at the MED Week White House awards ceremony in Washington

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that a comprehensive trade deal with South Korea was close to being done, and his Commerce Department chief said a deal could be formally announced next week.

"We believe we are relatively close to a pretty comprehensive resolution with the South Korean government" that would encompass both an exemption for steel and aluminum tariffs and "broader trade issues," U.S. Commerce Secretary Wilbur Ross said.

© Reuters. FILE PHOTO - Trump speaks at the MED Week White House awards ceremony in Washington

"We hope by sometime next week to be able to have a real announcement," Ross said at the start of a signing ceremony for a U.S. spending bill.

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