US reportedly demanded South Korea to resolve trade imbalance in talks last week

The two sides had a meeting last week as noted here at the time. There’s no other detail in the headline, so it’s hard to see how else the discussion went. But in any case, we’ll likely only see higher-level meetings between the two later next month after the South Korean presidential election (which will be on 3 June).

As for a deal, the hope for South Korea is to get one by early July.

This article was written by Justin Low at www.forexlive.com.