South Korea to Woo China's Xi With State Visit
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U.S. Defense Secretary Pete Hegseth visits South Korea on Monday for talks expected to involve Washington's goal of reshaping the role of U.S. troops in Korea in an evolving security environment and is also expected to visit the DMZ border with North Korea.
South Korean analysts have welcomed the new trade and investment agreement with Washington, announced to coincide with President Donald Trump's visit.
South Korea announced they’ve reached an agreement on details of the trade deal with the U.S., following the bilateral meeting between President Lee and President Trump.
China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their leaders held summit talks in a bid to improve bilateral ties. The won-yuan swap line of a maximum 70 trillion won ($49.
Seoul and Washington reached a trade deal during U.S. President Donald Trump's visit to South Korea, lead policy official Kim Yong-beom said Wednesday.
The United States will share closely held technology to allow South Korea to build a nuclear-powered submarine.
It's unclear what the timeline for such a project would be. The announcement follows trade negotiations between the countries, including Korean investment in U.S. shipbuilding.
President Trump said Wednesday he's allowing South Korea to build a nuclear-powered submarine in Philadelphia.
South Korea's factory activity contracted in October after briefly expanding a month earlier as businesses remained cautious amid a global outlook clouded by Washington's tariff policies. The Purchasing Managers Index (PMI) for manufacturers in Asia's fourth-largest economy,