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Trump announces EU-style trade deal with South Korea

RT (Russia Today)Thursday, July 31, 2025 at 12:00:59 AM
NeutralFinancial MarketsTrade Policy
Trump announces EU-style trade deal with South Korea
President Trump has sealed a new trade agreement with South Korea, modeled after EU-style deals, which includes a 15% tariff. The announcement suggests a shift in U.S. trade policy, though details on how this compares to previous arrangements remain unclear.
Editor’s Note: Trade deals like this can reshape economic relationships—lower tariffs might boost certain industries but could also stir debate over fairness and competition. Given South Korea’s role in tech and manufacturing, this could ripple through global supply chains. Whether it’s a win or just a reshuffle depends on who you ask.
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