Trump says South Korea has agreed to invest $350 billion in US for lower tariffs

3 months ago 15
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President Trump said Wednesday that South Korea would wage the U.S. $350 cardinal successful speech for little tariffs arsenic a portion of the precocious announced commercialized woody betwixt the 2 countries. 

In a TruthSocial station detailing the deal, the president besides said South Korea has agreed to acquisition U.S. lipid and state successful “vast quantities.” Trump said South Korea agreed to investments successful the U.S. by South Korean companies and businessmen that volition transcend $600 billion. 

The president referred to the subject confederation betwixt the 2 countries arsenic “stronger than ever before” and due to the fact that of that helium said helium has fixed South Korea his support to physique a nuclear-powered submarine. 

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Trump announced earlier Wednesday that helium and South Korean President Lee Jae Myung reached a commercialized woody during his Asia trip.

The $350 cardinal concern from the South Koreans is simply a triumph for the U.S. The terms tag had been a sticking constituent betwixt the 2 countries, with South Korean leaders pushing alternatively for loans and indebtedness guarantees. 

That statement came arsenic Trump prepares to conscionable face-to-face with Chinese President Xi Jinping successful South Korea connected Thursday. A U.S. commercialized woody with China poses much of a challenge. 

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Earlier this month, Trump announced helium would slap a 100 percent tariff connected Chinese goods by Nov. 1 aft China unveiled caller export controls connected uncommon world minerals 

Treasury Secretary Scott Bessent said Sunday that the U.S. and China person reached a model for a woody to tentatively stave disconnected 100 percent American tariffs connected Chinese goods aft negotiators settled connected a program for a imaginable commercialized agreement.

In a abstracted Truth Social post, Trump said helium was “looking forward” to his gathering with Xi connected Thursday. 

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