US-South Korea tariff deal: Reduced duties, nuclear submarines, shipbuilding and more - What's in the new agreement?

South Korea and the US have finalized a trade and security agreement, reducing US import duties on South Korean products from 25% to 15%. The deal includes South Korea building nuclear-powered submarines and establishing new partnerships in shipbuilding, AI, and the nuclear industry. South Korea will also invest $350 billion in the US.

Nov 14, 2025 - 14:30
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US-South Korea tariff deal: Reduced duties, nuclear submarines, shipbuilding and more - What's in the new agreement?
South Korea and the US have finalized a trade and security agreement, reducing US import duties on South Korean products from 25% to 15%. The deal includes South Korea building nuclear-powered submarines and establishing new partnerships in shipbuilding, AI, and the nuclear industry. South Korea will also invest $350 billion in the US.

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