South Korea-US Trade Deal Reduces Export Uncertainty, Supported by Shipbuilding Initiative and Business Groups

South Korea and the United States have finalized a trade agreement aimed at reducing export uncertainties and strengthening bilateral economic ties. South Korean officials highlighted that the deal will facilitate South Korean companies' entry into the U.S. market and is mutually beneficial for both countries. A key element credited with helping reach the agreement was the U.S. initiative titled "Make America Shipbuilding Great Again," which played a significant role in negotiations. The Bank of Korea noted the deal reduces trade uncertainties amid ongoing global market scrutiny. Additionally, six South Korean business groups welcomed the agreement, emphasizing its positive impact on export stability.