Trump announces deal to impose 15% levy on South Korea

President Trump announced a 15% tariff on South Korean imports as part of a trade deal that avoids a higher 25% levy, with South Korea committing to invest $350 billion in the US and purchase $100 billion in energy products. South Korean President Lee Jae Myung will visit the White House soon, while Trump’s tariffs aim to boost American manufacturing despite criticism over rising consumer prices.

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