President Donald Trump announced a new trade deal with South Korea, which calls for 15% tariffs on goods from there. “The Deal is that South Korea will give to the United States $350 Billion Dollars for Investments owned and controlled by the United States,

President Donald Trump said on Wednesday the U.S. will charge a 15% tariff on imports from South Korea, down from a threatened 25%, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.

President Donald Trump says the US will charge a 15% tariff on imports from South Korea as part of an agreement with the Asian trading partner that avoids even higher levies.