US treasury secretary to visit Seoul ahead of Trump's Beijing summit with Xi

By Lee Hugh Posted : May 11, 2026, 10:35 Updated : May 11, 2026, 11:06
U.S. Treasury Secretary Scott Bessent attends a hearing for the Department of the Treasury on Capitol Hill in Washington, D.C. on April 22, 2026. Reuters-Yonhap
SEOUL, May 11 (AJP) - U.S. Treasury Secretary Scott Bessent will visit Seoul later this week, just ahead of U.S. President Donald Trump's visit to Beijing for a summit with Chinese President Xi Jinping.

"I will depart on Monday for a quick series of meetings in both Japan and South Korea," the trade chief said in a post on X, formerly Twitter. He added, "I will stop in Seoul" on Wednesday before heading to Beijing for Trump's summit with Xi Jinping scheduled for Thursday and Friday.

During his three-nation trip, Bessent is expected to discuss a wide range of economic issues in meetings with financial officials including his South Korean counterpart Koo Yun-cheol and others.

He said, "Economic security is national security, and I look forward to a productive series of engagements as we work to advance [Trump's] America First Economic Agenda."

Before arriving in Seoul, he will meet Japanese Prime Minister Sanae Takaichi in Tokyo on Tuesday, along with other government officials as well as "private sector representatives for discussions on the U.S.-Japan economic relationship."

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