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,

US President Trump stated his administration aims to finalise most trade deals by August 1, potentially sending tariff letters to nearly 200 countries.

South Korea's efforts to secure a tariff deal with the U.S. are intensifying, with high-level meetings in Washington. The focus is on easing tariffs and fostering cooperation in manufacturing sectors like shipbuilding and chips.