US EditionTrump Says He Reached a Deal on Trade With South Korea
- On Wednesday at the Gyeongju National Museum, US President Donald Trump said after an 87-minute meeting that he and South Korean President Lee Jae Myung had reached a trade deal.
- Following their failure to finalize a text on Aug. 25, Seoul and Washington intensified working‑level discussions earlier this year to formalize trade and security understandings into a single document.
- A top‑level breakthrough centered on Seoul's $350 billion investment framework aims to finalize terms after months of tariff negotiations, with key disputes over cash investment proportion, installment period, and profit‑sharing arrangements.
- Discussing alliance modernization, the leaders agreed to deepen cooperation to advance peace, while Lee pledged a defense budget increase and sought fuel for nuclear-powered submarines.
- Hours before Trump arrived in Seoul, North Korean state media reported a test-firing of sea-to-surface strategic cruise missiles Tuesday, and Trump said he remains committed to resolving the North Korean issue despite Kim Jong-un's silence.
72 Articles
72 Articles
Herald Bulletin
The Latest: US and South Korea advance trade talks during Trump’s visit to Asia
The United States and South Korea have advanced trade talks after negotiations and ceremonies that included the presentation of a gold medal and crown to President Donald Trump. Both were gifts from the country’s president, Lee Jae Myung, who dialed…
Don The Dealmaker: Trump Crowned in South Korea as Ink Dries on a $350B Pact
President Donald Trump and South Korean President Lee Jae Myung sealed the details of their long-negotiated trade pact Wednesday, a moment years in the making and rich in symbolism. “We made our deal, pretty much finalized it,” Trump said over dinner with Lee and other regional leaders on the sidelines of an Asia-Pacific forum. The allies had first unveiled the framework in late July: South Korea would avoid punishing U.S. tariffs by pledging $3…
The United States and South Korea agreed on a broad commercial agreement, announced both countries following discussions between their leaders, reports BBC.
US, South Korea Reach Major Trade Deal: Aircraft, LNG, and $350B Investment Package - Real News Now
President Donald Trump announced a sweeping trade agreement with South Korea on Wednesday, just hours after officials from both countries expressed skepticism about a breakthrough. The announcement came during Trump’s stop in Seoul as part of his three-nation Asia tour. “We did, we did. We did reach a deal,” Trump said when asked by reporters before a dinner hosted by South Korean President Lee Jae Myung. According to a White House fact sheet, t…
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