US will likely "make new demands if trade situation does not improve with South Korea": Obstfeld
Sep 04, 2025
Maurice Obstfeld, a renowned economist and professor emeritus at the University of California, Berkeley, has expressed concerns over 'uncertainties surrounding' the South Korea-US trade agreement, announced in July 2025, under which South Korean goods will be subject to a 15 per cent tariff, while US exports will not face duties, as per the Maeil Business Newspaper.