U.S. Defense Secretary Pete Hegseth visits South Korea on Monday for talks expected to involve Washington's goal of reshaping the role of U.S. troops in Korea in an evolving security environment and is also expected to visit the DMZ border with North Korea.

President Trump met with President Xi on the sidelines of the Asia-Pacific Economic Cooperation summit last week. APEC's host, South Korea, is carefully balancing its relations with the U.S. and China.

Seoul and Washington reached a trade deal during U.S. President Donald Trump's visit to South Korea, lead policy official Kim Yong-beom said Wednesday.

China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their leaders held summit talks in a bid to improve bilateral ties. The won-yuan swap line of a maximum 70 trillion won ($49.

Xi meeting could bring $2 trillion in U.S. investment after productive discussions on trade and cooperation agreements.