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Benzinga
Benzinga
Business
Vishaal Sanjay

Trump 'Pleased' With $450 Billion South Korea Tariff Deal, Seoul To Accept US Cars, Agriculture: Economist Warns Americans 'Pay' The 15% Tariff

Washington,dc,,United,States,,April,14,2025,,President,Donald,J,Trump

President Donald Trump announced on Wednesday that the United States has reached a “Full and Complete Trade Deal” with the Republic of Korea, worth $450 billion.

What Happened: In a Truth Social post on Wednesday night, Trump said, “South Korea will provide "$350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President,” as part of the deal.

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