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#south korea

South Korea announces lowering of tariffs as part of new US trade deal

South Korea and the United States have struck a trade deal under which U.S. tariffs on Korean exports will be cut to 15 % in return for a US$350 billion investment pledge from Seoul. The agreement aims to level the playing field for Korean exporters and deepen industrial cooperation between the two countries.

95News•10/29/2025

Article

Trump Meets South Korean Leader as Trade Deal Remains Elusive

Donald Trump met with South Korean President Lee Jae‑myung in Gyeongju on the sidelines of the Asia-Pacific Economic Cooperation summit, but their talks yielded no breakthrough on the ambitious US–South Korea trade investment package, continuing a months-long negotiation standoff

95News•10/29/2025