US President Donald Trump said prospects for a trade deal with South Korea were “looking good” after a phone conversation Tuesday with acting South Korean President Han Duck-soo.“We have the confines and probability of a great DEAL for both countries,” Trump said in a social media post. “Their top TEAM is on a plane heading to the U.S., and things are looking good. We are likewise dealing with many other countries, all of whom want to make a deal with the United States.”
Trump said the countries would be negotiating on issues beyond trade and tariffs, making for a “beautiful and efficient process.” He compared talks with South Korea favorably to China, saying he was waiting for a call from Beijing.
The US president’s higher duties on roughly 60 trading partners are set to take effect after midnight New York time. US futures were up Tuesday morning amid optimism that Trump would broker deals to reduce or avert the levies.Also Read: South Sudan says revocation of US visas is unfair and based on a case of mistaken nationality
