US and South Korea agree to trade deal at APEC summit

Seoul to provide $200 billion in cash investments for lower US tariffs

20251029 Lee Trump

U.S. President Donald Trump, left, stands with South Korean President Lee Jae Myung at the Gyeongju National Museum in Gyeongju, South Korea on Oct. 29. © Getty Images

STEVEN BOROWIEC

GYEONGJU, South Korea -- South Korea and the U.S. agreed to the terms of a trade deal on Wednesday, said a senior official from the Asian nation, with Seoul planning to provide $200 billion in cash of a total $350 billion in stateside investment.

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