South Korea has not received U.S. requests on renegotiation of free trade pact: finmin official

Reuters News
Posted: Apr 27, 2017 10:08 PM

SEOUL (Reuters) - South Korea has not yet received official requests on renegotiation of its free trade pact with the United States, a senior finance ministry official said on Friday, after President Donald Trump told Reuters he would "renegotiate or terminate" it.

"Talk and actual policy are different," the official, who declined to be named, as he was not authorized to speak to the media, told Reuters. "They have not requested anything from us so we'll have to wait and see."

The won turned lower against the dollar shortly after Trump's comments, trading down 0.2 percent at 1,132.5 per dollar by 0149 GMT (9:49 p.m. ET).

(Reporting by Christine Kim; Editing by Clarence Fernandez)