South Korea and the United States reach a trade agreement, with South Korea committing to invest 350 billion dollars to support the U.S. economy.

US and South Korea Reach Trade Agreement! South Korea Will Provide $350 Billion in Investment to the US!

The President of the United States announced that South Korea has agreed to invest $350 billion in the US economy, and purchase about $100 billion worth of liquefied natural gas and other energy from US companies.

"I am pleased to announce that the US has agreed to a comprehensive trade agreement with the Republic of Korea. According to the terms of the agreement, South Korea will provide $350 billion in investment to the US, which will be owned and controlled by the US. In addition, South Korea will purchase $100 billion in liquefied natural gas or other energy, and agree to invest a large amount of funds for investment purposes."

The exact amount of the investment is expected to be announced within two weeks, when President Yoon Suk-yeol of South Korea will arrive in Washington.

The South Korean market may be fully open to American goods, including cars and agricultural products. At the same time, the US will continue to impose a 15% import tax on South Korean goods.

Original: https://www.toutiao.com/article/1839128694733904/

Statement: The article represents the personal views of the author.