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US-South Korea deal: Seoul faces 15% tariff, 'America will not be charged'; Washington to get $350 billion investments

IndiaTimes Thursday, 31 July 2025 ()
President Trump announced a trade agreement with South Korea, imposing a 15% tariff on South Korean imports while eliminating tariffs on American goods. South Korea will invest $350 billion in US ventures selected by Trump and purchase $100 billion in US energy products.
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News video: BREAKING: Trump UNVEILS $350B South Korea Deal, FORCES 15% Tariff  | Trump Claims Victory

BREAKING: Trump UNVEILS $350B South Korea Deal, FORCES 15% Tariff | Trump Claims Victory 03:14

In a bombshell announcement, U.S. President Donald Trump has declared a “Full and Complete Trade Deal” with South Korea — worth a staggering $350 billion in American-controlled investments. Trump, who claims the deals were “selected by myself, as President,” also revealed a $100 billion LNG...

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