South Korea and the United States have reportedly made progress in security discussions, hinted South Korean Foreign Minister Cho Hyun. This marks a significant step in conjunction with ongoing tariff negotiations.

During an interview with Yonhap News Agency, Cho highlighted that the U.S. is currently considering a currency swap deal. However, he expressed reservations, indicating a lack of optimism for the currency swap's successful implementation. The currency swap deal is considered a crucial element demanded by South Korea as part of the tariff talks.

This development comes as both nations continue to maneuver through complex economic discussions amid fluctuating global trade dynamics.

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