SEOUL (Reuters) -South Korea will prepare a trade package that is mutually agreeable with the United States ahead of minister-level meetings planned next week and a U.S. tariff-pause deadline of August 1, the presidential office said on Saturday.

South Korea will prepare a trade package that is mutually agreeable with the United States ahead of minister-level meetings planned next week and a U.S. tariff-pause deadline of

South Koreas Industry Minister Kim Jung-kwan met with U.S. Commerce Secretary Howard Lutnick in Washington on Thursday, reaffirming a joint commitment to finalize a trade agreement on tariffs before the August 1 deadline,

President Donald Trump said he’s considering a tariff “rebate” for some Americans. If authorized, it’s unclear whether it could come as a stimulus check.

WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China.