Seoul will also invest $350bn in the US as part of the deal, which Donald Trump says is "pretty much finalised".

The joint announcement followed a meeting in October between South Korean President Lee Jae Myung and U.S. President Donald Trump, where they agreed to a deal that would cut American import duties on ...

WASHINGTON — President Trump marked the penultimate day of his three-country swing through Asia Wednesday by announcing a trade deal between the US and South Korea — after officials from both ...

The US and South Korea reached a broad trade deal, keeping reciprocal tariffs at 15%, including on autos and parts, and committing $350 billion in investment in the US. Risk assets rose, and the ...

South Korean President Lee Jae Myung and US President Donald Trump reached a dramatic agreement on trade and security during their 87-minute summit on Wednesday. The final deal reached by the two ...

North Korea on Tuesday said South Korea's plan to build nuclear-powered submarines with U.S. approval would trigger a ...

A major purpose of US president Trump’s visit to Southeast Asia this week was to enforce “deals”—more akin to diktats than agreements freely entered—through which hundreds of billions of dollars are ...

Hyundai and Kia scored a win on Friday after the South Korean government pledged to boost EV subsidies by 20%. Hyundai Motor, including Kia and Genesis, is going all-in on the US market, pledging to ...

President Donald Trump said he "pretty much" completed a trade deal with South Korea on his weeklong Asia trip, before heading into more trade talks with China’s President Xi Jinping. "We made our ...

BUSAN, South Korea — President Trump proclaimed “we have a deal” after wrapping up a meeting with Chinese President Xi Jinping Thursday in their first face-to-face since Trump returned to the White ...