Trump: "South Korea's U.S. Investment of $350 Billion...That's a Down Payment"

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President Trump announced that South Korea will invest $350 billion in the United States under the Korea-U.S. trade agreement, emphasizing this as a 'down payment.' This comes as a condition for reducing tariffs on South Korea, with the U.S. requesting a model similar to Japan's rather than South Korea's equity investment method. The South Korean government is demanding currency swap agreements due to concerns about increased foreign exchange risks, and no agreement has yet been reached between the two sides. The core of the Korea-U.S. trade negotiations centers on discussions regarding the method and implementation plan for $350 billion in U.S. investments.

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