The U.S. and South Korea announced a series of agreements Monday in Washington, including multibillion-dollar investments, record $50 billion aviation purchases by Korean Air, and new energy cooperation, as leaders from both countries met in the Oval Office.

This includes a $150 billion investment pledge from South Korean companies, an order of 103 airplanes from Boeing, purchases of South Korean ships and a shipbuilding partnership.

"We really sort of need each other. We love what they do. We love their products. We love their ships. We love a lot of the things that they make, and they love what we have," U.S. President Donald Trump said during his press conference with South Korean President Lee Jae Myung.

The announcements followed a July trade deal that lowered U.S. tariffs on S

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