South Korea, U.S.: Trade Deal Roughly Outlines Tariffs, Investments, Shipbuilding

The United States and South Korea on Nov. 14 jointly released a fact sheet about their Oct. 29 trade deal, with U.S. tariffs dropping from 25% to 15% and South Korea pledging to invest $200 billion in strategic projects, including energy and artificial intelligence, at a pace of $20 billion per year, but reserving the right to renegotiate if it faces economic difficulties....