Trump Maintains South Korea Tariff Deal Despite Diplomatic Push
President Donald Trump held firm on the existing 15% tariff agreement with South Korea during his first in-person meeting with President Lee Jae Myung. Despite Lee's lobbying efforts, Trump emphasized adherence to the original terms, stating, "We stuck to our guns." The leaders expressed Optimism on collaboration regarding North Korea and collective security, though economic terms remained unchanged.
Tensions briefly surfaced when TRUMP hinted at political turmoil complicating negotiations, but the meeting proceeded smoothly. The South Korean leader praised Trump's economic policies and Oval Office decor, signaling a diplomatic charm offensive. Market observers noted the discussion's muted impact on Asian trade flows, with no immediate volatility in currency or commodity markets.