US President Donald Trump announced on Wednesday that The United States will impose a 15 % duty on the import of goods from South Korea under the agreement between the two countries. According to Reuters, AFP and Jonhap reports, TASR informs about this.
“I am pleased to announce that the United States has agreed on a full and complete trade agreement with Korea,” Written the White House chief on Truut Social’s social network. AFP recalls that Trump previously South Korea threatened an import duty of 25 %.
As part of an agreement would South Korea was also supposed to invest $ 350 billion (€ 303.6 billion) in Trump’s projects in the United States And buy liquefied natural gas and other energy products for $ 100 billion (€ 86.8 billion), the US President added. According to Reuters, it is not yet clearhow these investments will be structured even in what time horizon realized.
The US President also made it clear that Seoul will receive US products, including cars and trucks and agricultural products, It does not bother any import duties for them.
Trump added that the East Asian country except the amount mentioned above Invests another unspecified “large amount of money” in the US. “This amount will be announced in the next two weeks when the South Korean President and Če-Mong come to the White House for a bilateral meeting.”
It will be their at the same time First meeting since the South Korean President’s arrival in June this year. In a statement on Facebook, he also described the CE-MJong agreement for the first major commercial call of his administration.
“Through this agreement, the government has eliminated the uncertainty concerning the conditions of exports and ensured that US duties for our exports are either lower or the same as the duties imposed on our main business competitors.” According to him, the agreement also represents South Korean efforts to strengthen the competitiveness of its companies on the US market.
