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U.S. Will Charge South Korea 15% Tariff in New Deal, Trump Says

U.S. Will Charge South Korea 15% Tariff in New Deal, Trump Says

The U.S. and South Korea have struck a trade pact that will see the U.S. impose tariffs of 15% on Korean goods in return for duty-free treatment on many American products, President Trump said on Wednesday.
The deal will mean that U.S. products 'will not be charged a tariff' in Korea, Trump posted on Truth Social. The Seoul government would also contribute $350 billion for investments 'owned and controlled' by the U.S. and a further $100 billion in energy purchases.
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