U.S. President Donald Trump declared on Wednesday, October 29, 2025, that a significant trade agreement between the United States and South Korea is nearing its completion and will be finalized “very soon.”
Ahead of his crucial summit talks with South Korean President Lee Jae Myung, President Trump highlighted his administration’s economic policies, emphasizing their effectiveness in stimulating investments and bringing them back to the United States.
Furthermore, President Trump mentioned that Chinese President Xi Jinping is expected to arrive in South Korea on Thursday, October 28, 2025. He expressed optimism that their upcoming meeting would result in a “good deal” that would benefit both nations.