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.

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.