This deal would mean the duties will be lowered from the 25% that Trump had threatened in his "tariff letter" to Seoul earlier this month.

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.

SEOUL, July 31 (Yonhap) -- The top diplomats of South Korea and the United States are set to hold talks in Washington on Thursday (U.S. time), following a tariff agreement between the two countries and the announcement of a planned summit between their leaders.