Washington, D.C., July 30, 2025 – U.S. President Donald Trump announced today that the United States has secured a sweeping trade agreement with South Korea, marking what he described as a “full and complete” economic partnership between the two nations.
In a statement, Trump revealed that South Korea has agreed to provide the U.S. with $350 billion for investments owned and controlled by American entities, with selections to be made by Trump himself. Additionally, South Korea will purchase $100 billion worth of U.S. liquefied natural gas (LNG) or other energy products. A further undisclosed investment sum from South Korea is expected to be finalized in the coming weeks.
“This is a tremendous deal for America,” Trump said. “South Korea will be completely open to trade with the U.S., accepting American products—including cars, trucks, and agricultural goods—without barriers.”
Key Terms of the Agreement:
- $350 billion in U.S.-controlled investments from South Korea.
- $100 billion in LNG and energy purchases by South Korea.
- No tariffs on U.S. exports to South Korea, while South Korean goods will face a 15% tariff when entering the U.S.
- A forthcoming bilateral meeting at the White House with South Korean President Lee Jae-myung to finalize additional investment details.
Trump also congratulated President Lee on his recent electoral victory, calling it a “great success” for South Korea. The deal, if confirmed, would represent one of the largest trade agreements between the two nations in recent years.
The announcement has yet to be independently verified by current U.S. administration officials or South Korean authorities. Experts are awaiting further details on the deal’s structure and implementation timeline.
More updates to follow as this story develops.
(Source: Donald Trump statement, July 30, 2025, 18:16 ET)
