Relations (1)
Facts (7)
Sources
Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org 4 facts
quoteDonald Trump stated: 'the deal is that South Korea will give to the United States $350 Billion dollars for investments owned and controlled by the United States, and selected by myself, as president.'
accountPresident Donald Trump withdrew his tariff threat against South Korea after the Democratic Party of Korea announced it would pass the investment bill.
quoteOn January 26, 2026, President Donald Trump accused South Korea’s legislature of “not living up to its Deal with the United States,” and raised tariffs on imports of autos, lumber, pharmaceuticals, and all other reciprocal tariffs to 25 percent.
measurementSouth Korea agreed to invest a total of $350 billion in critical industries throughout the duration of Donald Trump's term, with no more than $20 billion invested in any given calendar year, including $150 billion specifically in the shipbuilding sector.
Policy Paper: Decoding the United States on Tariffs and Trade freiheit.org 1 fact
accountDuring the ASEAN Summit in Kuala Lumpur, Donald Trump signed trade deals with Malaysia, Cambodia, and South Korea.
History of tariffs in the United States - Wikipedia en.wikipedia.org 1 fact
claimBy July 31, 2025, President Donald Trump had announced trade deals with eight trading partners: the UK, Vietnam, the Philippines, Indonesia, Japan, South Korea, the EU, and a truce expiring August 12 with China.
World Trade Without the US | Cato Institute cato.org 1 fact
claimMajor trading countries of East Asia, such as Japan and South Korea, are likely to seek trade opportunities outside the United States due to the persistence of tariffs imposed by Donald Trump.