'Great Success': Trump Delighted at South Korea Trade Deal
Catherine Salgado : Jul 31, 2025
PJ Media
"...This is exactly the sweet spot that President Trump is hitting with trade partner after trade partner and he's done it tonight with South Korea." -US Trade Representative Jamieson Greer
[PJMedia.com] President Donald Trump has succeeded in opening up another country entirely to American trade in a deal also worth hundreds of billions of dollars in investments. (Image: Pixabay)
Trump is evidently feeling triumphant with his series of major trade deals, including with the European Union and Japan, and his optimism is soaring after the latest deal with South Korea.
As usual, Trump announced his news on Truth Social. He posted Wednesday, "I am pleased to announce that the United States of America has agreed to a Full and Complete Trade Deal with the Republic of Korea. 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."
South Korea, in fact, appears to have purchased the good will of the Trump administration at rather a high price, as Trump continued, "Additionally, South Korea will purchase $100 Billion Dollars of LNG, or other Energy products and, further, South Korea has agreed to invest a large sum of money for their Investment purposes. This sum will be announced within the next two weeks when the President of South Korea, Lee Jae Myung, comes to the White House for a Bilateral Meeting."
Unsurprisingly, Trump is feeling very friendly to the new Korean president. "I would also like to congratulate the new President on his Electoral Success," he stated.
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Furthermore, Trump added, "It is also agreed that South Korea will be completely OPEN TO TRADE with the United States, and that they will accept American product[s] including Cars and Trucks, Agriculture, etc. We have agreed to a Tariff for South Korea of 15%. America will not be charged a Tariff. I would like to thank the Trade Representatives who came forward today."... Subscribe for free to Breaking Christian News here
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