The US and South Korea have discussed creating a fund to invest in American projects as part of a trade deal, similar to an agreement Japan struck Tuesday with President Donald Trump, people familiar with the matter said.

South Korea is under pressure after Japan struck a trade deal with the U.S., with the new Industry Minister Kim Jung-kwan reportedly heading to Washington to resolve the trade issue. South Korean News Agency Yonhap reported that the Trade,

Former acting U.S. Trade Representative Stephen Vaughn emphasizes the need for a balanced trade system, warning against continuing significant U.S. trade deficits.

During a House Foreign Affairs Committee hearing on Wednesday, Rep. Young Kim (R-CA) asked Undersecretary of State for Political Affairs Allison Hooker about supporting North Korean defectors.

South Koreans’ perceptions of the US have taken a dive amid Trump’s ‘America First’ foreign policy and trade agenda.

A former acting U.S. Trade Representative (USTR) painted a negative outlook Tuesday for South Korea's efforts to avoid the Trump administration's sector-specific tariffs on steel, automobiles and other goods,

Steep tariffs on U.S. imports of steel and aluminum remain, however, and many other countries, including South Korea and Thailand, have yet to clinch agreements. Overall, economists say the tariffs inevitably will dent growth in Asia and the world.

By Hyunjoo Jin and David Dolan TOKYO/SEOUL (Reuters) -Shares of Japanese, South Korean and European automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that included reducing tariffs on Japanese auto imports to 15%,