US-South Korean Long-Term Industrial Cooperation The Gyeongju summit produced a far-reaching, structural deal between the United States and South Korea: Washington approved South Korea building nuclear-powered submarines (SSNs) and negotiated a $350 billion industrial package that embeds South Korean shipbuilding…

Positive Outcome for South Korea and US in Trade Deal South Korea and the U.S. have largely agreed on a trade-investment deal in which South Korea would invest about $20 billion annually (roughly $200 billion total) as part of a…