South Korea's President Lee Jae-myung is one month into the mammoth task of uniting a nation still reeling from a period of political chaos and economic uncertainty.

South Korean President Lee Jae Myung said Thursday that the country is working hard to strike a trade deal with the United States on impending tariffs but expressed uncertainty about when talks would be concluded.

South Korea ’s parliament approved a 31.8 trillion won (US$23.3 billion) extra budget as new President Lee Jae-myung seeks to revive an economy struggling with weak consumption and mounting trade risks from US tariffs.