South Korea Pledges $350B US Investment, Dodges Tariffs


Author: The Daily News Now! March 12, 2026 Duration: 1:29
Podcast episode
South Korea Pledges $350B US Investment, Dodges Tariffs

South Korean lawmakers approved a $350 billion investment in the US, aiming to circumvent Trumps tariffs. The move, following a November deal, covers semiconductors, high-tech, and shipbuilding. Despite criticism, the law establishes a public corporation for project management, reducing tariffs from 25% to 15%, capped at $20 billion annually.

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