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Trump says South Korea has agreed to pay the US $350bn for lower tariffs

Trump says South Korea has agreed to pay the US 350bn for lower tariffs

Trump on his own social media app:

  • South Korea has agreed to pay the USA 350 Billion Dollars for a lowering of the Tariff’s charged against them by the United States.
  • Additionally, they have agreed to buy our Oil and Gas in vast quantities, and investments into our Country by wealthy South Korean Companies and Businessmen will exceed 600 Billion Dollars.
  • Our Military Alliance is stronger than ever before and, based on that, I have given them approval to build a Nuclear Powered Submarine, rather than the old fashioned, and far less nimble, diesel powered Submarines that they have now.

Trump has been known to announce agreements that have not yet been agreed to, hence soe caution is warranted here.

This article was written by Eamonn Sheridan at investinglive.com.

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