South Korea’s industry minister says the U.S. has softened its demand for full upfront payment of Korea’s $350 billion investment package, signaling progress in ongoing tariff negotiations ahead of the APEC summit in Gyeongju.
President Lee Jae Myung visited Philly Shipyard, emphasizing Korea U.S. shipbuilding cooperation as part of a $150 billion plan tied to recent trade talks.
Hours before his White House summit with Lee Jae Myung, Donald Trump suggested a “purge or revolution” may be unfolding in South Korea, raising questions as the two leaders prepared to discuss trade and investment.
President Lee Jae Myung will meet U.S. President Donald Trump in Washington on August 25 in a high-stakes first summit focused on trade, defense, and diplomacy.
