South Korea Plans to Offer Over 100 Billion US Dollars in Investment in Exchange for Tariff Agreements with the United States, Yonhap Reports 🇺🇸🇰🇷
South Korea To Propose Over $100B In Investment As Part Of Tariff Deal With US - Yonhap
South Korea to propose over $100 bln in investment as part of tariff deal with the US - Yonhap.
South Korea is negotiating a trade deal with the United States that would involve a commitment to invest more than $100 billion in the U.S. economy. In exchange, South Korea seeks a reduction in U.S. auto tariffs to approximately 15%. The discussions also aim to leverage former President Donald Trump's focus on shipbuilding as part of the tariff talks. These developments were reported by Yonhap and Bloomberg, highlighting South Korea's strategic approach to securing more favorable trade terms through substantial investment pledges.