Donald Trump says he has reached a trade deal with South Korea that imposes 15% tariffs on Korean goods.
Raluca Ioana Draghici
Economy
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The deal calls for South Korea to invest $350 billion in the US, averting Trump's initial threat of 25% tariffs. Trump has emphasized the importance of investment, including the purchase of liquefied natural gas. The tariffs will take effect on August 1, after repeated delays, and are a central part of the president's economic policy.
Sources
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