Trump announces a South Korea trade agreement with an American investment of $ 350 billion

WASHINGTON – President Trump announced on Wednesday evening that he had reached an agreement with South Korea, which will include $ 350 billion in investment from Seoul and approved a 15 % tariff rate for the Asian nation.

“I am pleased to announce that the United States of America has approved a full and complete trade agreement with the Republic of Korea,” Trump wrote, 79 years old, on the social truth.

The deal is that South Korea will provide the United States 350 billion dollars for investments owned and control by the United States, and its choice by myself, as president, “in addition, South Korea will buy $ 100 billion in LNG, or other energy products, and South Korea’s approval to invest a total money for its investment purposes.”

While the South Korean imports of the United States will be slapped with a duty of 15 %, Trump said the United States “will not be charged.”

The president had set a final date for the countries to agree to individual trade deals with Washington or face mutual fees that are likely to be very slope.

Earlier on Wednesday, Trump met South Korean officials at the White House to clarify the details of the agreement.

The president said: “I would like to thank the commercial representatives who advanced today.” “It was an honor to meet them, and talk about the great success of their country!”