President Trump ended the Korea tariff by 15 % through a comprehensive trade agreement of $ 350 billion in Korean investments.
The deal protects sensitive agricultural sectors such as rice and beef from opening the additional market. The deal was completed before the deadline for the negotiations today, while avoiding the planned tariff by 25 % of scheduled to enter August 1.
Details of the Trump Agreement Korea and the investment framework
President Trump Declare Agreement on the social truth, saying that South Korea will invest $ 350 billion in American projects. The package includes $ 100 billion in the purchases of natural gas and energy products. Kim Young Payyum, head of the Korean government’s policies department, confirmed that the reduction of definitions applies to cars and other commodities that start on August 1.
The investment fund is allocated 150 billion dollars specifically for shipbuilding, including the construction and maintenance of ships. It targets an additional $ 200 billion, semiconductor, nuclear energy, secondary batteries, and biotechnology sectors. These investments will be completed during the next summit between Presidents Trump and Lee Jay Meong.
South Korea has successfully defended its agricultural interests despite the strong pressure of the United States to open the market. The government maintained restrictions on rice and beef imports from livestock over the age of 30. Kim Yong confirmed on the day that food security directs the decision to reject additional agricultural concessions.
The South Korea agreement is putting positively compared to other commercial partners who face pressure similar to tariffs. Semiconductor and pharmaceutical products will receive an equal treatment for other countries within the framework of future trade measures. Trump indicated that South Korean President Lee Jay Meong will visit the White House within two weeks to make the formal nature.
The Korea deal follows Trump’s successful negotiations with Japan and the Philippines last week. Japan agreed to a $ 550 billion investment package with a 15 % tariff, while the Philippines accepted a 19 % tariff.
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2025-07-31 00:00:00
