The agreement comes after other American allies, like Japan, clinched their own deals to partly moderate President Trump’s tariff threats.

U.S. President Donald Trump will meet South Korea's trade delegation, South Korea's presidential office said on Thursday, as top officials from Seoul are in Washington to cut a last-minute deal on U.S.

The negotiations were especially delicate for the young government in South Korea, as President Lee Jae Myung considered allowing the US greater access to South Korea’s beef and rice markets — a politically sensitive topic that spurred widespread protests back in 2008.