Trump announces trade agreement with South Korea

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Trump announces trade agreement with South Korea

Xinhua
31 Jul 2025, 05:45 GMT+

WASHINGTON, July 30 (Xinhua) -- U.S. President Donald Trump on Wednesday announced a trade deal with South Korea.

"We have agreed to a Tariff for South Korea of 15%. America will not be charged a Tariff," Trump said in a post on his Truth Social platform.

"The Deal is that South Korea will give to the United States $350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President," he said.

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