Wed Jul 30 23:40:11 UTC 2025: Here’s a summary and a news article based on the provided text, written from an Indian perspective:

**Summary:**

The article reports on a new trade agreement between the United States and South Korea announced by U.S. President Donald Trump. The deal involves the U.S. imposing a 15% tariff on South Korean imports while South Korea agrees to invest $350 billion in U.S. projects chosen by Trump, purchase $100 billion in U.S. energy products, and eliminate import duties on American goods like cars, trucks, and agriculture. The South Korean government has not yet commented. South Korean President Lee Jae Myung is expected to visit the White House in the coming weeks. The Hindu newspaper is reporting on this global news, providing the information on the same.

**News Article:**

**U.S. and South Korea Strike Trade Deal; India Watches Closely**

**WASHINGTON/SEOUL, July 31, 2025** – In a move that could reshape global trade dynamics, U.S. President Donald Trump has announced a “Full and Complete Trade Deal” with South Korea. The announcement, made on Truth Social, detailed a 15% tariff on imports from South Korea while securing significant investments and purchases from the Asian nation.

Under the agreement, South Korea is expected to invest $350 billion in U.S. projects handpicked by President Trump, along with a $100 billion purchase of liquefied natural gas and other energy products. Crucially, South Korea will also eliminate import duties on American cars, trucks, and agricultural products.

While the South Korean government has yet to officially confirm the details, President Trump stated that President Lee Jae Myung of South Korea will visit the White House within the next two weeks.

**Impact on India:** The deal has sparked interest in India. The U.S. and South Korea are important economic partners for India. The new deal could have implications for the Indian market, especially in sectors like automobiles, agriculture, and energy. Trade analysts will be closely scrutinizing the agreement’s specifics and its potential impact on India’s trade relationships with both the U.S. and South Korea. The outcome of this deal could set a precedent for future trade negotiations globally, and India must carefully assess its strategic options.

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