Trump says South Korea, Japan will pay billions 'upfront' in investment


  • World
  • Friday, 26 Sep 2025

FILE PHOTO: U.S. President Donald Trump waits to welcome Turkey's President Recep Tayyip Erdogan at the White House in Washington, D.C., U.S., September 25, 2025. REUTERS/Jonathan Ernst/File Photo

SEOUL (Reuters) -U.S. President Donald Trump insisted South Korea will provide billions of dollars in investments "upfront", despite Seoul's assertion that it would suffer a financial crisis if it meets the U.S. demands without safeguards.

In July, South Korea pledged $350 billion toward U.S. projects, but has balked at U.S. demands for control over the funds and South Korean officials say talks to formalise their trade deal are at a deadlock.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Thousands marched for democracy in Myanmar. Some died in prison
Catherine O'Hara, Emmy-winning comic actor of 'Schitt's Creek' and Home Alone' fame, dies at 71
Putin praises Russian military exports despite Western pressure
Venezuela plans amnesty law for prisoners, vows to convert major prison center
Canada's real GDP unchanged in November 2025
At least 20 mln flu cases reported in U.S. this season
2 Nipah virus cases reported in India: WHO
Tunisia extends state of emergency by 11 months until Dec 31
Visa-free access fuels high hopes for Chinese tourism in southeastern T�rkiye
Flash: Over 200 killed in mine collapse in eastern DR Congo: media

Others Also Read