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U.S. President Donald Trump and South Korean President Moon Jae-in shake hands during a meeting at the presidential Blue House in Seoul on Nov. 7.   © Reuters
Economy

42 South Korean companies to invest $17bn in US by 2021

Lotte Chemical, Hankook Tire to build production lines in southern states

KIM JAEWON, Nikkei staff writer | South Korea

SEOUL -- Seoul unveiled plans on Thursday by 42 South Korean companies to invest a combined $17.3 billion in the U.S. over the next four years, under pressure by President Donald Trump to address the trade "imbalance" between the two countries.

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