Korea-U.S. trade agreement finalized: South Korea invests $350 billion in the U.S. in exchange for tariff reductions and concessions on nuclear technology
The core content of the Korea-U.S. trade agreement is as follows: South Korea commits to investing $350 billion in the U.S., primarily in strategic industries such as shipbuilding and semiconductors. In exchange, the U.S. will lower tariffs on South Korean goods such as automobiles and chips, and make significant concessions on core defense technologies that South Korea has long sought, including the construction of nuclear submarines and uranium enrichment. Additionally, South Korea also commits to increasing defense spending and supporting costs for U.S. troops stationed in South Korea
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