AssetID: 54953357
Headline: UNCAPTIONED: Trump Imposes 15% Tariff on South Korea in $350 Billion Trade Deal
Caption: President Donald Trump has confirmed a 15% tariff on South Korean imports calling it a "full and complete trade deal" — just ahead of a deadline that would've seen tariffs spike to 25% without an agreement. The deal includes a massive $350 billion investment from Seoul into the US, with $150 billion earmarked for building warships and boosting American naval strength. The tariff applies to key South Korean exports like cars and semiconductors, while steel and aluminium will face a 50% global rate. South Korean President Lee Jae Myung praised the outcome, highlighting that Seoul didn't have to open its protected rice and beef markets, avoiding major protests at home. Still, military cost-sharing remains unresolved, and could dominate Lee's upcoming visit to Washington in two weeks. While Trump says the tariffs protect US jobs, critics argue they're raising prices and disrupting global trade. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current affairs & Politics,Trump,15% tariff,South Korea,\$350 billion trade deal,South Korean imports,U.S.–Korea trade,Seoul investment,American naval strength,warship construction,semiconductor exports,car exports,steel tariffs,aluminium tariffs,President Lee Jae Myung,rice and beef markets,military cost-sharing,Washington visit,U.S. jobs,global trade disruption
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