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26 Aug 2025
Ships, planes, billions in investment pledges: South Korea's Lee charms Trump with deals
Summary: The U.S. and South Korea announced a series of agreements, including a $150 billion investment pledge from South Korean companies and a $50 billion aviation purchase by Korean Air. The deals, which follow a July trade agreement, aim to strengthen economic ties and counter North Korea and China. Additionally, the U.S. plans to partner with South Korea and Japan to develop Alaska’s natural gas reserves.