The agreement Japan secured has added pressure on South Korea to defuse the threat of high tariffs on its exports to the United States.

South Korea and the United States have been discussing a shipbuilding tie-up that could include investments to modernise U.S. shipyards and more help to repair the U.S. naval fleet as Seoul seeks better tariff terms,

SEOUL (Reuters) -Talks between top South Korean and U.S. officials to negotiate over U.S. President Donald Trump's tariffs have been cancelled due to a scheduling conflict for U.S. Treasury Secretary Scott Bessent,