11:22 - 31.07.2025

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July 31, Fineko/abc.az. The U.S. and South Korea signed a preliminary trade agreement, under which Seoul will invest $350 billion in American projects controlled by the U.S. As stated by Donald Trump, the choice of projects will be carried out by him personally.

ABC.AZ reports that in response, the U.S. will reduce tariffs on South Korean goods to 15%, and South Korea will additionally purchase U.S. energy resources for $100 billion.

The deal strengthens economic cooperation between the two countries and could become the largest in the history of bilateral relations.