Trump Announces Trade Deal With South Korea

President Donald Trump announced on July 30 that the United States had reached a trade agreement with South Korea, one of the largest U.S. trading partners in the strategically important region. “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 wrote in a post on Truth Social. Under the agreement, South Korea will invest $350 billion in assets owned and controlled by the United States, with specifics to be selected by Trump himself. In addition, the southeast Asian country will purchase $100 billion worth of liquefied natural gas or other energy products from the United States, with additional investments in U.S. energy....