Overview
- At the Gyeongju National Museum, President Lee Jae Myung gave President Trump a replica ancient crown and the Grand Order of Mugunghwa, drawing praise from Trump who called the gifts very special.
- Lee’s policy chief Kim Yong-beom detailed a package totaling $350 billion that includes $200 billion in cash investment capped at $20 billion per year, with U.S. auto tariffs on Korean vehicles dropping to 15 percent.
- Officials and reports described continued procedural steps, with formal documents and legislative approvals still required to finalize key economic provisions.
- HuffPost reported that Trump said South Korea would pay $350 billion for lower tariffs and that he had granted permission to build a nuclear-powered submarine, statements he touted during the visit.
- Japan pursued a parallel approach with gifts for Trump, large investment pledges, and a new critical-minerals deal, as U.S. protests labeled No Kings underscored the political optics back home.