Economy Politics Country 2025-11-26T04:10:07+00:00

South Korea Creates $350B Fund for US Investments

South Korea's ruling party proposed a bill to create a $350B fund for US investments, part of an agreement to reduce U.S. tariffs on Korean exports.


South Korea Creates $350B Fund for US Investments

The Ministry of Industry announced that South Korea's ruling Democratic Party proposed a bill on Wednesday to create a special fund to finance $350 billion in investments in the United States, as committed under an agreement with Washington to reduce U.S. tariffs on its exports.