By CHRIS MEGERIAN Associated Press GYEONGJU, South Korea (AP) — After a charm offensive in Japan that culminated in $490 billion in investment commitments, President Donald Trump is set to meet with South Korea s leader on Wednesday as a trade deal with that country appears more elusive. Top officials in Washington and and Seoul say the sticking point for an agreement continues to be the logistics behind Trump’s demand that South Korea invest $350 billion in the United States. Korean officials say a direct cash injection could destabilize their economy, and they’d rather do loans and loan guarantees instead. The country would also need a swap line to manage the flow of its currency...
Wednesday 29 October 2025
wn.com - 7 hours ago
South Korea trade deal appears elusive as Trump seeks $350B investment
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