Gyeongju [South Korea], October 29 (ANI): South Korea has reached an agreement on the details of a trade deal with the US on Wednesday, presidential chief of staff for policy Kim Yong-beom told reporters in Gyeongju, following the bilateral meeting between President Lee Jae Myung and US President Donald Trump, CNN reported.
The agreement on the big frame of the trade deal in July had brought the reciprocal tariff down to 15 per cent, but South Korea's automobile export was still subject to 25 per cent tariff rate and details on the agreement were not concluded until Trump met with Lee on the sideline of APEC.
Among the USD 350 billion investments Trump demanded upfront, Kim said that USD 200 billion will be done in cash and USD 150 billion through shipbuilding cooperation, which will be

ANI

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