[On-point] How South Korea is making efforts to strike trade deal with U.S. before August 1

As we just heard, South Korea is making last-minute efforts to strike a trade agreement with the United States, before the August 1st deadline set by U.S. President Donald Trump.

For more on this, we're joined by Professor Min Jeong-hun, Professor at Korea National Diplomatic Academy.

Professor Min, thanks for joining us this morning.

Although the meeting set for Friday between top economic and trade officials from South Korea and the United States has been canceled, but it appears that the industry minister and the top trade negotiator will hold talks with U.S. officials, right?

And South Korea's foreign minister is also expected to meet with his American counterpart in Washington. If that happens, what might be discussed there?

Japan reached a trade agreement with the Trump administration yesterday. Based on what Japan gained and conceded to secure the deal, what do you think an agreement will look like for South Korea?

Another key issue in relations between South Korea and the U.S. is the cost-sharing for American troops stationed in South Korea. How do you think the Korean government should approach this matter, especially as President Trump continues to pressure Seoul to increase its contribution amid concerns about a potential troop withdrawal?

President Trump has been making it clear to U.S. allies that he's putting American interests first. How do you think the Lee administration should manage the alliance with the United States throughout his term?

Alright Professor Min, thank you so much for your insight today. We appreciate it.