What is the US-South Korea deal looking like?

U.S. and South Korea have made progress on their fraught trade deal. On the final leg of President Donald Trump's tour of Asia, he met with his South Korean counterpart Lee Jae Myung. No agreement has officially been signed but Trump lauded the day as a "tremendous success" and said things were "pretty much finalised" while Seoul officials revealed a framework that includes gradual investments and cooperation on shipbuilding as well as reduced tariffs on South Korea's auto industry.

Oct 29, 2025 - 16:00
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What is the US-South Korea deal looking like?
U.S. and South Korea have made progress on their fraught trade deal. On the final leg of President Donald Trump's tour of Asia, he met with his South Korean counterpart Lee Jae Myung. No agreement has officially been signed but Trump lauded the day as a "tremendous success" and said things were "pretty much finalised" while Seoul officials revealed a framework that includes gradual investments and cooperation on shipbuilding as well as reduced tariffs on South Korea's auto industry.
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