Trump says South Korea has secured US trade deal with 15% tariff

Deal includes $350bn investment fund, $100bn purchase of LNG

20250731 Trump SK

U.S. President Donald Trump said on his Truth Social that further details will be announced when South Korean President Lee Jae Myung visits the White House within the next two weeks. (Nikkei montage/Source photos by Getty Images and Reuters) 

PAK YIU and KIM JAEWON

NEW YORK/SEOULĀ -- South Korea has struck a trade deal with the U.S. and will be charged a 15% tariff rate on exports in return for duty-free treatment of American goods, President Donald Trump said Wednesday.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.