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South Korea, US finalize trade deal with terms set on $350bn investment

By Choonsik Yoo ( October 29, 2025, 13:51 GMT | Insight) -- South Korea has announced that it and the US have finalized details of Seoul’s $350 billion investment plan, aimed at rebuilding American manufacturing in exchange for lowering tariffs from 25 percent to 15 percent. The deal allows South Korea to divide payments between cash installments and shipbuilding projects, with profits split equally and investments limited to commercially viable ventures. A senior official said the arrangement significantly eases pressure on South Korea’s foreign-exchange market.South Korea announced Wednesday that it had reached an agreement with the US on the remaining details of its pledge to invest $350 billion in projects designed to rebuild manufacturing capacity in the world’s largest economy, in exchange for a tariff cut from 25 percent to 15 percent....

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