President Donald Trump announced that after a call with the acting president of South Korea, the country's best team of negotiators will be headed to the White House in order to broker a deal between the US and South Korea on trade and tariffs.
Trump posted on Truth Social, "I just had a great call with the Acting President of South Korea. We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of US LNG, their joint venture in an Alaska Pipeline, and payment for the big time Military Protection we provide to South Korea. They began these Military payments during my first term, Billions of Dollars, but Sleepy Joe Biden, for reasons unknown, terminated the deal."
He added, "That was a shocker to all! In any event, we have the confines and probability of a great DEAL for both countries. Their top TEAM is on a plane heading to the US, and things are looking good. We are likewise dealing with many other countries, all of whom want to make a deal with the United States. Like with South Korea, we are bringing up other subjects that are not covered by Trade and Tariffs, and getting them negotiated also. 'ONE STOP SHOPPING' is a beautiful and efficient process!!! China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen! GOD BLESS THE USA."
The announcement from Trump comes after the president announced a series of reciprocal tariffs last week in response to tariffs as well as trade barriers other countries have used to block US goods in different international markets.
Trump has previously indicated that he is willing to drop the tariffs if the various countries make a deal with the US on trade. The EU has offered a "zero-for-zero" tariff deal, but the president yesterday said that it was not enough, and pointed to non-tariff barriers for trade, such as heavy regulations and others.