NPR

Trump Administration Strikes Trade Deal With South Korea

The agreement, which focuses on South Korean steel manufacturers and both countries' automakers, aims to chip away at a $10 billion trade deficit.
A quality control engineer examines hot-rolled coils of steel being stored in 2015 at South Korean manufacturer POSCO's facility.

The Trump administration has reached an agreement in principle on a new trade deal with South Korea.

The pact permanently exempts South Korea from a new 25 percent tariff that President Trump has ordered on imported steel. In exchange, South Korea will reduce its

You’re reading a preview, subscribe to read more.

More from NPR

NPR2 min readCrime & Violence
Luis Rubiales Faces Sexual Assault Trial For Unsolicited Kiss At World Cup
The case against the ex-Spanish soccer federation head who kissed player Jenni Hermoso without consent is going to trial, a judge ruled. Three others will be tried for allegedly pressuring Hermoso.
NPR3 min read
Tornadoes Tear Through The Southeastern U.S. As Storms Leave 3 Dead
Forecasters warned a wave of dangerous storms in the U.S. could march through parts of the South early Thursday, after deadly storms a day earlier spawned damaging tornadoes and massive hail.
NPR5 min readCrime & Violence
Migrant Crime Is Politically Charged, But The Reality Is More Complicated
Republicans have raised the alarm about a migrant crime wave. Nationally, crime is down even as immigration has surged, but the concerns are real in some neighborhoods.

Related Books & Audiobooks