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Benzinga
Benzinga
Business
Mohd Haider

Trump Said South Korea Will Provide $350 Billion Investment 'Upfront' In Tariff Deal, But Its NSA Says 'We Are Not Able To Pay' It: Report

National,Harbor,,Md,,Usa-,February,24,,2024:,Donald,Trump,Speaks

South Korea can’t afford to pay the $350 billion all at once, as President Donald Trump proposed, according to Seoul’s National Security Adviser (NSA) Wi Sung-lac, who spoke on Channel A News on Saturday.

“We are not able to pay $350 billion in cash,” Wi stated, according to Reuters. “The position we’re talking about is not a negotiating tactic, but rather, it is objectively and realistically not a level we are able to handle.”

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