File picture: US President Donald Trump gestures throughout a joint press convention in South Korea.
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U.S. President Donald Trump on Wednesday introduced that Washington had reached a “Full and Full” commerce take care of Seoul, setting blanket tariffs on the nation’s exports to U.S. at 15%.
Trump additionally stated in a submit on social media platform Fact Social that South Korea will “will give to america $350 Billion {Dollars} for Investments owned and managed by america, and chosen on my own, as President.”
South Korea’s President Lee Jae-myung stated in a Fb submit that his nation had concluded the tariff negotiations with america after “gathering various opinions and refining our methods,” in response to a Google translation of his assertion in Korean.
Lee stated the $350 billion fund “will play a job in facilitating the lively entry of Korean corporations into the US market in industries the place we have now strengths, comparable to shipbuilding, semiconductors, secondary batteries, biotechnology, and power.”
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