19 hours ago
Last Updated:July 31, 2025, 07:09 IST
The United States has agreed a trade deal with South Korea that will subject South Korean imports to a 15% tariff rate, President Donald Trump said on Wednesday.
US President Donald Trump. (AP file photo)
(Reuters) -The United States has agreed a trade deal with South Korea that will subject South Korean imports to a 15% tariff rate, President Donald Trump said on Wednesday.
South Korea will also invest $350 billion in the United States and purchase $100 billion in U.S. energy products, Trump said on Truth Social.
"It is also agreed that South Korea will be completely OPEN TO TRADE with the United States, and that they will accept American product including Cars and Trucks, Agriculture, etc," Trump added.
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The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d...
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Washington D.C., United States of America (USA)
First Published:News world Trump Announces Trade Deal With South Korea At 15% Tariff Rate Ahead Of August 1 Deadline
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