October 30, 2025
Korea will be ‘completely open,’ face 15 percent tariffs under new trade deal, Trump says
South Korea will drop tariffs on American goods, invest $350 billion in the U.S. and buy $100 billion worth of U.S. energy products, President Trump claimed on Wednesday, saying in exchange that the U.S. will hit its exports with 15 percent tariffs, down from the 25 percent duties the president threatened earlier this month. “I am pleased to announce that the United States of America has agreed to a Full and Complete Trade Deal with the Republic of Korea,” Trump...
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