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South Korea finance minister to meet US counterpart to talk tariffs

SEOUL — South Korea's finance minister Choi Sang-mok will meet US counterpart Scott Bessent to discuss trade issues, Seoul said Wednesday, as the semiconductor and auto export powerhouse seeks to avoid steep new tariffs.

The country is a major exporter to the United States and chipmakers such as Samsung Electronics and car producers Hyundai and subsidy Kia would suffer from President Donald Trump's threatened 25 percent levies.

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