Overview
- President Trump announced via Truth Social that he would host President Lee in Washington within two weeks, prompting formal summit preparations.
- Working-level talks are underway to finalize the summit’s timing and agenda, with Japan’s TBS reporting a provisional August 12 meeting date pending confirmation.
- The two sides concluded a trade deal on July 31 that lowers U.S. tariffs on South Korean goods to 15 percent in exchange for $350 billion in Korean investment.
- Officials plan to use the summit to modernize the alliance by reviewing defense cost-sharing under the 12th Special Measures Agreement and potential U.S. Forces Korea posture adjustments.
- Leaders are expected to discuss coordinated responses to North Korea’s nuclear and missile threats alongside measures to bolster economic security.