Trump: Trade Deal With South Korea Reached

President Trump and South Korea's President Lee Jae Myung announce a trade deal, sending the won soaring. The agreement, though not fully detailed, is a significant relief for South Korea's export-heavy economy, which faced a 25% tariff on exports to the US. Despite the positive news, negotiations over a $350 billion investment package remain a challenge, with South Korea pushing for more loans and guarantees. The deal marks a major step forward for South Korea's trade-reliant economy, but further updates are expected as details emerge. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.