What is the US-South Korea deal looking like?

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During President Donald Trump's final stop in Asia, he met with South Korean President Lee Jae Myung to discuss a trade deal between the United States and South Korea. Although no formal agreement was signed, both leaders expressed optimism about the progress made. The framework includes gradual investments and cooperation on shipbuilding, along with reduced tariffs for South Korea’s auto industry. The meeting took place in Seoul, South Korea, on October 29, 2025, as part of Trump's tour of Asia. While Trump described it as a "tremendous success," the details are still being finalized according to Seoul officials.
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