South Korean president and Trump discuss billions of dollars worth of investment in the U.S.

發佈日期: 2025-08-26 20:21
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A top South Korean official has said that the United States and South Korea have decided to establish a non-binding agreement to define the operation and structure of 350-billion-U.S.dollars in investment funds agreed as part of a July trade deal.

Seoul agreed with Washington last month on a trade deal to cut U.S. tariffs in exchange for pledging the investments with the U.S.

This as South Korean President Lee Jae Myung arrived in Washington to meet with U.S. President Donald Trump Monday.

Tracey Furniss has more.

Before meeting South Korean President Lee Jae Myung at the White House Monday, President Donald Trump took to social media threatening not to do business with Seoul because of a "Purge or Revolution" that he claimed was taking place in his country.

But any prospect of a hostile Oval office meeting evaporated when Lee arrived.

Lee heaped praise onto the U.S. president, lauding the decor of the Oval Office as "bright and beautiful" and beseeched Trump to continue helping with Korean peace efforts.

Lee said, "The only divided nation in the world is the Korean peninsula. And I would like to ask for your role in establishing peace on the Korean Peninsula."

U.S. President Donald Trump said: "I will say that Kim Jong Un and I had a very good relationship, as you remember, and still do. 
And when I came in, I didn't know him. We had two summits, but we became very friendly."

When asked about whether he would consider reducing the 40,000 American troops in South Korea, Trump sidestepped the question saying he would like to scrap the lease for the military base.

"I would like to see if we could get rid of the lease and get ownership of the land where we have a massive military base," he said.

The South Korean president also sealed a trade deal with Trump,with Korean Air announcing a 50-billion U.S. dollar deal to buy more than 100 Boeing aircraft and several spare engines.

The deal includes 36.2 billion U.S. dollars for 103 next-generation Boeing aircraft which include 20 Boeing 777-9s, 25 Boeing 787-10s, 50 Boeing 737-10s and eight Boeing 777-8 F freighters.

Korean Air said in a statement that 13 billion will go towards a 20-year engine maintenance service contract with GE Aerospace.

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