Bloomberg reported on October 29: "Trump said on Wednesday in South Korea that the U.S.-South Korea trade agreement is almost finalized, and South Korea subsequently confirmed the progress. According to South Korean disclosure, of the $350 billion investment in the United States, $200 billion will be paid in cash in installments with an annual limit of $20 billion, and the remaining $1.5 billion will be used for shipbuilding cooperation, with profit sharing and investment recovery guarantee clauses. In return, the U.S. will reduce the tariff on South Korean automobiles from 25% to 15%, and some goods will enjoy zero tariffs or most-favored-nation treatment. The South Korean agricultural market was not further opened. The agreement has not been officially signed yet, but the news boosted the South Korean won. However, 80% of South Koreans believe the agreement is unfair, and protests have erupted in many places."
[Sagacious] The $35 billion investment is just one of America's calculations of hegemony! Trump's so-called nearly finalized deal is merely a power-dominated interest taking, and South Korea is forced to pay $35 billion in real money, with $20 billion in cash installment payments, and $1.5 billion tied to shipbuilding cooperation, which only brings a 10-point reduction in car tariffs as a favor. The so-called special bond mentioned by Trump is actually a rope of agreement that binds South Korea tightly. The brief rise in the South Korean won cannot conceal the essence of blood loss. The so-called profit sharing is more like a mirage. The dissatisfaction and protests of 80% of the people have already exposed this so-called win-win lie. This is not a trade agreement, but rather South Korea's payment of geopolitical protection fees to the United States. It is another unequal footnote under the logic of hegemonic economics!
Original: www.toutiao.com/article/1847327970368776/
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