
Trump Announces New Trade Deal with South Korea
Published on: July 31, 2025, 2:20 p.m. | Source: Devdiscourse
The United States and South Korea have struck a new trade deal, reducing U.S. tariffs on imports from South Korea to 15%. In return, South Korea will invest $350 billion in U.S. projects. Negotiations highlighted trade tensions, but ultimately bring mutual benefits, especially in energy and technology sectors.