World news Trade

US agrees to trade deal with South Korea

10:49 31 июл 2025.  393 Читайте на: УКР РУС

President Donald Trump announced that the U.S. and South Korea have reached an agreement on new trade terms with tariffs of 15% on Korean imports.

The agreement will provide the U.S. with $350 billion in investments that will be overseen by the U.S. and handpicked by the president, and Seoul will purchase $100 billion worth of energy from the U.S.

"We agreed to a 15% tariff for South Korea. There will be no tariffs for America. South Korea will be completely open to trade with the United States and will allow American products, including cars, trucks, agricultural products and so on," Trump said.

Photo: aa.com.tr.

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