Trump says trade deal agreed with South Korea at 15% tariff rate

FILE PHOTO: A 3D-printed miniature model of U.S. President Donald Trump and the South Korea flag are seen in this illustration taken July 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -The United States has agreed a trade deal with South Korea that will subject South Korean imports to a 15% tariff rate, President Donald Trump said on Wednesday.

South Korea will also invest $350 billion in the United States and purchase $100 billion in U.S. energy products, Trump said on Truth Social.