Trump announces trade deal with South Korea

The United States has reached a trade agreement with South Korea, which will impose a 15% tariff on it, US President Donald Trump announced on the Truth Social social network.

According to the US President, his country will not be subject to tariffs.

Trump announced that Seoul will provide Washington with $350 billion in “US-owned and controlled investments.” In addition, South Korea will buy $100 billion in liquefied natural gas and other energy from the United States.