Korea Says ‘Substantial Progress’ Made in US Tariff Talks (1)

South Korea’s top policy chief said the country made “substantial progress” on most key issues in tariff talks with the US, following a weekend of meetings that also saw Seoul’s top tycoons attend a golf event with Donald Trump at his Mar-a-Lago estate.

The two countries reached broad agreement on many issues, though several points still require further negotiation, Kim Yong-beom, the presidential policy chief, said in a televised briefing Sunday. He added the chances of finalizing a deal at the upcoming Asia-Pacific Economic Cooperation summit had increased.

Kim and other senior officials, including the industry minister, held a ...