Wed Oct 29 07:43:07 UTC 2025: Summary:

U.S. President Donald Trump announced that a trade deal between the U.S. and South Korea is nearing completion during a meeting with South Korean President Lee Jae Myung in Gyeongju, South Korea. Trump also highlighted his economic policies as successful in attracting investments back to the U.S. He mentioned that Chinese President Xi Jinping would be visiting South Korea to discuss a deal beneficial to both countries.

News Article:

U.S. and South Korea Close to Trade Deal, Trump Announces in Gyeongju

Gyeongju, South Korea – October 29, 2025 – President Donald Trump today announced that a trade agreement between the United States and South Korea is on the verge of being finalized. The announcement was made during a meeting with South Korean President Lee Jae Myung at the Gyeongju National Museum.

“We are very close to a deal,” President Trump stated, emphasizing the potential benefits for both nations. He credited his administration’s economic policies with driving investments back to the United States, a key factor in the ongoing negotiations.

President Trump also revealed that Chinese President Xi Jinping is scheduled to visit South Korea to discuss matters of economic cooperation. “We are going to achieve a good deal for the two countries.”

The announcement comes amidst a backdrop of ongoing trade discussions and heightened economic interest in the region. Further details of the pending trade agreement are expected to be released following President Trump’s summit talks with President Lee.

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