President Donald Trump agreed to quickly work toward a deal on tariffs during his first phone call with South Korean President Lee Jae-myung since he was elected on Tuesday, Lee's office said on Friday.

Lee Jae-myung, a liberal, replaced former conservative President Yoon Suk Yeol, who was impeached and ousted over his martial law declaration.

South Korea, one of many countries impacted by Trump's tariffs, has a bilateral free trade deal with the U.S.

"The two presidents agreed to make an effort to reach a satisfactory agreement on tariff consultations as soon as possible that both countries can be satisfied with," Lee's office said in a statement, adding that working-level negotiations are encouraged to "yield tangible results."

The future of South Korea's export-oriented economy ma

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