Trump Announces $1 Trillion in Trade Deals
Story by Sarah Bennett•
11h
President Donald Trump shared details on trade agreements made during his visit to South Korea, including a $350 billion pledge for tariff reductions and more than $600 billion in planned investments from South Korean firms. Critics have raised concerns over the deals’ implications, particularly in regard to their impact on diplomatic relations with North Korea and China. The deals include Korean Air’s $36.2 billion purchase of 103 Boeing aircraft, a $13.7 billion GE Aerospace engine contract, and a $2.3 billion L3Harris airborne warning system sale to the South Korean Air Force.
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