Donald Trump Announces Pre-Tariff Deadline Trade Pact with South Korea
2 days ago
3,579
By
Robert Birsel is a Newsweek reporter based in Asia with a focus on political and general news. Robert joined Newsweek in 2025 from Radio Free Asia and had previously worked at Reuters. He is a graduate of the London School of Economics. You can get in touch with Robert by emailing r.birsel@newsweek.com. Languages: English.
Robert Birsel
and
Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor, Gabe led award-winning coverage of Charleston church shooter Dylan Roof’s capture in 2015, along with coverage of the Alex Murdaugh double murder trial. He is a graduate of the University of North Carolina-Wilmington. You can get in touch with Gabe by emailing g.whisnant@newsweek.com. Find him on Twitter @GabeWhisnant.
Gabe Whisnant
Reporter
news article
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources.
Share
✓ Link copied to clipboard!
English (Original)
Español
中国人
Français
Deutsch
Portuguese
हिन्दी
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
🎙️ Voice is AI-generated. Inconsistencies may occur.
President Donald Trump on Wednesday said a new trade agreement with South Korea includes a set, 15 percent tariff on the country’s exports to the United States.
As part of the deal, announced ahead of Friday’s tariff deadline, South Korea has committed to purchasing $100 billion in U.S. energy exports and allocating $350 billion for investments that Trump said would be “owned and controlled by the United States, and selected by myself, as president.”
Trump shared the news in a statement and on Truth Social, framing the agreement as a major win for American industry and energy producers. He also said that newly elected South Korean President Lee Jae-myung is expected to visit the White House in August.
This is a breaking news story. Updates to follow.
President Donald Trump, from left, speaks, alongside Louisiana Gov. Jeff Landry, Chung Eui-sun, executive chairman of Hyundai Motor Group, Hyundai Motor Company CEO Jaehoon Chang, former South Korea Ambassador to the U.S. Sung Y. Kim… President Donald Trump, from left, speaks, alongside Louisiana Gov. Jeff Landry, Chung Eui-sun, executive chairman of Hyundai Motor Group, Hyundai Motor Company CEO Jaehoon Chang, former South Korea Ambassador to the U.S. Sung Y. Kim and Hyundai Steel CEO Seo Gang Hyun in the Roosevelt Room of the White House in Washington, Monday, March 24, 2025.
Um die besten Erfahrungen zu bieten, verwenden wir Technologien wie Cookies, um Geräteinformationen zu speichern und/oder darauf zuzugreifen. Wenn Sie diesen Technologien zustimmen, können wir Daten wie das Surfverhalten oder eindeutige IDs auf dieser Website verarbeiten. Die Nichteinwilligung oder der Widerruf der Einwilligung kann bestimmte Merkmale und Funktionen beeinträchtigen.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
