Bessent told South Korea’s Lee that he will internally discuss Lee’s comments on $350 bln financial package, says an unnamed South Korea presidential official cited by Reuters.
This is in response to:
- South Korean President Lee says his country's FX market is not the same as Japan's
- South Korea will face a financial crisis if it agrees to US demands on USD 350bln investments
When Bessent says "internally discuss" he means he'll be making the case to the only person that matters in the US admin, Trump.
More:
- Bessent said to lee that he understands there has been substantial progress in talks on South Korea non-tariff barriers