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d-22829House OversightOther

President Trump signs revised U.S.-Korea trade agreement

The document is a routine press‑type summary of a trade deal with no specific allegations, financial flow details, or misconduct. It mentions high‑profile leaders but provides only public statements a Trump and South Korean President Moon Jae‑in signed a revised trade pact in New York. The agreement doubles the cap for U.S. automobile exports to South Korea. Tariffs on Korean trucks remain at 25%

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #028377
Pages
2
Persons
1
Integrity
No Hash Available

Summary

The document is a routine press‑type summary of a trade deal with no specific allegations, financial flow details, or misconduct. It mentions high‑profile leaders but provides only public statements a Trump and South Korean President Moon Jae‑in signed a revised trade pact in New York. The agreement doubles the cap for U.S. automobile exports to South Korea. Tariffs on Korean trucks remain at 25%

Tags

tradeeconomic-impactus-korea-relationsautomotive-exportspolicy-announcementtariffshouse-oversight

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2b47£1665b868f564", "layout": "fullbleed- image", "role":"photo", "type": "scalable image"}, {"identifier":" anf-caption- i","inlineTextStyles": [{"range":{"length":35, "start ":80},"textStyle":"photo- credit"}],"layout":"default-caption", "role":"caption", "text":"President Trump with President Moon Jae-in of South Korea on Monday in New York. Tom Brenner for The New York Times ","type":"text"}],"identifier":" anf-container-2","layout":"image- container", "role":"container", "type":"container"}],"identifier":" anf-section- 2","layout":"default- section", "role":"section", "scene": {"fadeColor":"#FFFFFF","type":"fading sticky header"} , type": "section"}, {"identifier":" anf-body- 6", "inlineTextStyles":[{"range":{"length":265, "start":0},"textstyle":" anf-ts- I"}, {"range"™: {"length":265,"start":0},"textStyle":" anf-ts-1"}],"layout":"default— body", "role": "body", "text": "WASHINGTON 4€" President Trump signed a revised fr trad agreement with South Korea on Monday in New York, cementing the first bilateral trade deal of his administration and suggesting the United States could soon win similar agreements with other trading partners.","type"™:"text"}, {"“identifier":" anf-body- 7","inlineTextStyles": [{"range":{"length":154, "start":0},"textStyle":" anf-ts- i"}, {"range"™:{"length":154,"start":0},"textStyle":"_anf-ts-1"}],"layout":"default- body", "role": "body", "text": "aeeltae™s a great day for the United States, and itde™s a great day for South Korea,a€ Mr. Trump said during a meeting with President Moon Jae-in of South Korea.","type":"text"}, {"identifier":" anf-body- 8", "inlineTextStyles": [{"range"™:{"length":255, "start":0},"textsStyle":" anf-ts- I"}, {"range™: {"length":255,"start":0},"textStyle":" anf-ts-1"}],"layout":"default- body", "role":"body", "text":"The revised United States-Korea Trade Agreement includes steps to open up the Korean market to increased American exports, most notably for automobiles, and will allow the United States to continue imposing a 25 percent tariff on Korean trucks until 2041.","type":"text"}, {"identifier":" anf-body- 9","inlineTextStyles": [{"range": {"length":380, "start":0},"textsStyle":" anf-ts- i"}, {"range"™:{"length":380,"start":0},"textStyle":" anf-ts-1"}],"layout":"default- body", "role":"body", "text":"But analysts said there are few fundamental changes to the existing agreement, which was negotiated under President Barack Obama and which Mr. Trump has blamed for hundreds of thousands of lost American jobs. And they said the revised agreement includes few provisions that will appreciably change the trade balance between the two countries, which Mr. Trump has complained about.","type":"text"}, {"bannerType"™: "any", "identifier":" anf-banner advertisement i", "layout": "ComponentLayout-— 4","role":"banner advertisement", "type":"banner advertisement"}, {"additions": [{"URL™:"h ttps://money.cnn.com/2018/03/27/news/companies/south-korea-us- automakers/index.html", "range": {"length":32,"start":176},"type™:"lLink"}],"identifier"™:" _anf-body-10", "inlineTextStyles": [{"range"™: {"length":255, "start":0},"textStyle":" anf- ts-1"}, {"range"™: {"length":255,"start":0},"textStyle":"_ anf-ts-1"}],"layout":"default— body", "role":"body", "text":"For example: The agreement would double a cap on the number of American automobiles that may be easily exported to South Korea, to 50,000 from 25,000 a year per automaker. But no American automaker came close to reaching the existing, lower cap last year.","type":"text"}, {"identifier":" anf-body- 11i","inlineTextStyles": [{"range":{"length":336,"start":0},"textStyle":" anf-ts- i"},{"range"™:{"length":336,"start":0},"textStyle":" anf-ts-1"}],"layout":"default- body", "role": "body", "text": "a€eThe president referred to this deal as one of the worst agreements ever,4€ said Wendy Cutler, a vice president at the Asia Society Policy Institute, who helped negotiate the initial Korean agreement as a member of Mr. Obamad這s administration. a€eAnd if you look at what was agreed to, it doesnde™t seem to change the agreement dramatically.a€","type":"text"}, {"identifier":" anf-body- 12","inlineTextStyles":[{"range":{"length":92,"start":0},"textStyle":" anf-ts- i"}, {"range"™:{"length":92,"start":0},"textStyle":" anf-ts-1"}],"layout":"default— body", "role": "body", "text": "a€el view this as a win-win deal, some solid improvements,a€ she added, d€ebut nothing dramatic.a€","type":"text"}, {"identifier":" anf-body- 13","inlineTextStyles":[{"range":{"Length":96,"start":0},"textstyle":" anf-ts-— i"}, {"range"™:{"length":96,"start":0},"textStyle":" anf-ts-1"}],"layout":"default- body", "role":"body", "text":"Business groups cheered the updated pact, but stopped well short of calling it transformational.","type":"text"}, {"identifier"™:" anf-body- 14","inlineTextStyles": [{"range":{"length":352,"start":0},"textStyle":" anf-ts- i"}, {"range"™: {"length":352,"start":0},"textStyle":"_anf-ts-1"}],"layout":"default-— body", "role": "body", "text": "a€eManufacturers were glad to s the president recommit himself to the U.S. trading partnership with Korea today,a4€ said Linda Dempsey, the vice president of international economic affairs at the National Association of Manufacturers. d4€eA robust U.S.-Korea F.T.A. is essential to the jobs of hundreds of

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