S. KOREA SEEKS TARIFF DEAL BEFORE AUGUST DEADLINE

Welcome to Press Perspective for the Friday July 25th here in Seoul.

I'm Min Sunhee.

So what is the latest with regard to tariff talks between South Korea and the U.S.?

To answer that question I have Lee Ji-hoon with news agency Reuters.

Ji-hoon welcome back.

I also have Professor Kim Jinill at Korea University with the pundit's take on trade talks between Seoul and Washington.

Professor Kim it's a pleasure.

Ji-hoon, let's begin with the cancellation of the two-plus-two trade talks between South Korea and the U.S. initially scheduled for this Friday over in the U.S.

Professor Kim, South Korea is seeking a package deal that includes trade and defense.

What are the prospects of such a deal, in your view?

Ji-hoon, beyond national borders, a tariff deal between the U.S. and Japan was sealed.

Do tell us more.

Professor Kim, what are the implications of the U.S.-Japan tariff deal on a potential deal between South Korea and the U.S.?

And Ji-hoon, what is the latest with regard to tariff talks between the U.S. and its other trade partners here in Asia?

Professor Kim, pundits say Asia is a major manufacturing hub.

That being said, how does the Trump administration's tariff campaign look to affect this economic reality?

Professor Kim, how severe do you believe is the overall sense of uncertainty within the global trade environment?

Ji-hoon, what does South Korea's second-quarter GDP finding tell us about the impact of U.S. tariffs on the country's economic growth?

All right.