Higher bar after Trump deal with Japan means talks could go past deadline

Higher bar after Trump deal with Japan means talks could go past deadline

South Korea will also invest $350 billion in the United States and purchase $100 billion in U.S. energy products, Trump said.

The deal, announced by Trump, includes South Korean pledges for US agriculture, cars and US$100 billion in energy purchases.

The agreement comes just a day before a 1 August deadline for countries to strike deals with the US or be hit with higher tariffs.

Trump's tariff deadlines loom as trade deals with countries like South Korea, the EU, and Japan are reached.

South Korean leader says agreement eliminates ‘uncertainties’ in trade environment.