South Korea, U.S. to Formalize $350 Billion Trade Investment Plan with Non-Binding Agreement

South Korea, U.S. to Formalize $350 Billion Trade Investment Plan with Non-Binding Agreement

Seoul and Washington Aim to Clarify Profit-Sharing, Operational Structure of July Deal Seoul, August 26, 2025 — A senior South Korean official announced Monday that South Korea and the United States will formalize a non-binding agreement to outline the operation and structure of a massive $350 billion investment fund, central to a July trade deal […]

Trump Signals Tariffs on China Will Drop, But Not to Zero Amid Trade War Concerns

Trump Signals Tariffs on China Will Drop, But Not to Zero Amid Trade War Concerns

President Donald Trump stated during a White House news conference on Tuesday that tariffs on Chinese imports “will come down substantially, but it won’t be zero,” signaling a potential shift in trade policy amid ongoing economic and political pressure. Trump’s comments came hours after U.S. Treasury Secretary Scott Bessent called current tariff levels “unsustainable” and […]