Samsung, Hyundai and other major conglomerates pledged massive new domestic investments and hiring after Korea’s latest tariff deal with the United States, even as the agreement ties lower U.S. tariffs to a $350 billion American investment package and strict performance conditions.
With no Korea-U.S. trade deal reached ahead of the APEC summit, Presidents Lee Jae Myung and Donald Trump are expected to decide the fate of the $350 billion investment negotiations.
