“South Korea has agreed to pay the USA 350 Billion Dollars for a lowering of the Tariffs charged against them by the United States. Additionally, they have agreed to buy our Oil and Gas in vast quantities, and investments into our Country by wealthy South Korean Companies and Businessmen will exceed 600 Billion Dollars. Our Military Alliance is stronger than ever before and, based on that, I have given them approval to build a Nuclear Powered Submarine, rather than the old fashioned, and far less nimble, diesel powered Submarines that they have now. A great trip, with a great President of South Korea!” @realDonaldTrump
Fact-Check Summary President Trump’s post on the U.S.-South Korea trade deal contains partially accurate and partially exaggerated claims. The $350 billion investment figure is broadly accurate but is not a lump-sum payment for tariff reductions—it’s a combination of incremental investments and shipbuilding financing over many years. The claims about major oil and gas purchases and […]