South Korea has reached an agreement on Seoul’s investment parameters in the American economy worth $350 billion to finalize the trade deal with the USA. This was announced on October 29 by the head of the South Korean president’s administration, Kim Yen Bom, following the meeting between Presidents Lee Jae Myung and Donald Trump. The trade deal framework agreement was made in July, reducing tariffs from 25% to 15% in exchange for $350 billion South Korean investments in the US economy and purchasing American energy resources worth $100 billion.
Trump Agrees Trade Deal with South Korea Following Japan’s Lead
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