Trump Reports Positive Trade Negotiations with South Korea

President Trump expressed optimism about a potential trade deal with South Korea following a phone call with Acting President Han Duck-soo, noting that a South Korean delegation is en route to the U.S. for negotiations. Trump highlighted discussions around South Korea's trade surplus, tariffs, and military payments, emphasizing the mutual benefits of a deal. He also mentioned ongoing discussions with other countries, including China, which he claimed is eager to negotiate but uncertain on how to proceed. The president recently announced a 25 percent reciprocal tariff on South Korea and a 10 percent baseline import tax on various trading partners. Trump's remarks suggest a broader strategy to engage multiple countries in trade negotiations to enhance U.S. economic interests. The situation reflects ongoing complexities in international trade relations amid tariff discussions and negotiations.