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Trump–Lee Summit Reaffirms Tariff Pact as Trump Seeks New Meeting With Kim

North Korea answered the outreach with a fresh denunciation of denuclearization.

President Donald Trump, right, shakes the hand of South Korean President Lee Jae Myung during a meeting in the Oval Office of the White House, Monday, Aug. 25, 2025, in Washington. (AP Photo/Alex Brandon)
Joe Scarborough; Donald Trump and Kim Jong Un in 2019.
President Lee Jae Myung (L) and Japanese Prime Minister Shigeru Ishiba shake hands after holding a joint press conference following their talks at the premier's office in Tokyo on Aug. 23, 2025. (Yonhap)

Overview

  • Trump said the July framework remains intact despite a late "problem," keeping reciprocal tariffs at 15% in exchange for roughly $350 billion in South Korean investment.
  • Both leaders highlighted shipbuilding and manufacturing cooperation as key deliverables tied to the alliance’s economic agenda.
  • Trump praised Kim Jong Un and said he hopes to meet him later this year, calling North Korea a country with "great potential."
  • KCNA blasted President Lee’s remarks on denuclearization and reiterated that the North will not abandon its nuclear weapons.
  • A Realmeter poll found 53.1% of South Koreans viewed the summit positively, as editorials warned that details on defense costs, base land ownership and force posture remain unresolved.