South Korea Says It Has No Written Pact on US Trade Deal
8 Articles
8 Articles
The United States and South Korea recently reached a trade agreement, imposing a 15% tariff on South Korean products. South Korea, in turn, has invested $350 billion in the US. South Korean President Lee Jae-myung stated that $150 billion of this investment will be earmarked for shipbuilding. Experts believe this was a welcome surprise for the US, demonstrating that Trump's strategy of using tariffs as a lever to encourage investment in the US i…
South Korea Says No Written Trade Deal Yet With US
The White House, which issued factsheets on trade deals with Japan and the European Union a day after striking them, has not yet released a separate one on the pact with South Korea. The post South Korea Says No Written Trade Deal Yet With US appeared first on StratNews Global.
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