The deal, announced via Truth Social, also includes $350 billion in South Korean investments in US-owned and controlled projects, and $100 billion in energy purchases, including LNG.
Trump stated that South Korea will fully open its markets to US products such as cars, trucks, and agricultural goods. He added that a further investment figure from South Korea, for its own development objectives, will be announced during South Korean President Lee Jae Myung’s upcoming visit to the White House.
“I would also like to congratulate the new President on his electoral success,” Trump said. “It was an honour to meet their trade representatives and talk about the great success of their country.”
ALCHEMPro News Desk (KD)
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