US-South Korea 2+2 Trade Talks Postponed Over Scott Bessent's Schedule, Later Canceled as Trade Negotiations Conclude

The planned '2+2' trade talks between South Korea and the United States, intended to address issues related to U.S. President Donald Trump's tariffs, have been postponed and subsequently canceled. The initial postponement was due to a scheduling conflict involving U.S. Treasury Secretary Scott Bessent, according to South Korea's finance ministry. Despite the delay, the U.S. proposed rescheduling the talks at an early date. However, by the end of July 2025, South Korea's finance ministry announced that the meeting between South Korea's Finance Minister and the U.S. Treasury Secretary was canceled because the trade negotiations had been concluded. Following this development, top diplomats from both countries are expected to hold talks to finalize the tariff deal.