Two weeks ago, Trump and South Korean President Yoon Suk-yeol announced during the APEC Summit that both sides had resolved the long-term negotiations on tariffs and security issues, but no formal agreement documents have been released to date. South Korean officials said the core of the delay lies in Seoul's request for Washington to approve its construction of nuclear-powered submarines. Yoon publicly raised this request during his meeting with Trump last month. When asked by KBS, the South Korean Defense Minister stated that due to the use of nuclear fuel and inter-departmental coordination, the U.S. "needs time to adjust its position." The White House has not responded to requests for comments. According to South Korean sources, the U.S. has原则上 agreed to allow South Korea to use nuclear fuel in submarines, but the wording of the joint statement is still being revised. Meanwhile, Trump recently claimed on social media that the submarines would be built in American shipyards, which contradicts Yoon's desire for them to be produced domestically. Analysts point out that the U.S. may be unwilling to transfer sensitive technology to South Korea. The tariff negotiation part has basically been completed, but the joint statement has been delayed due to differences in investment fund structures. South Korean Trade Minister Kim Sung-hwan said that the negotiations on the joint statement have entered the "final stage," while Hyundai Motor has suffered losses of about 30 billion won per month due to delays in the tariff agreement affecting exports to the U.S. The memorandum of understanding for South Korea's 350 billion dollar investment plan is ready, but the signing date has not been determined yet.
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Original: www.toutiao.com/article/1848567015730443/
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