Replies to post #59409 on TheGlobe.com Inc (TGLO)

[kazzy]

U.S.-South Korea Trade and Investment Deal

In July, President Trump announced the two countries had reached a "full and complete trade deal." According to the White House and a South Korean press release, the trade deal would

Lower South Korea's country-specific IEEPA tariff to 15% (effective August 7);
Lower Section 232 auto tariffs to 15% (not yet implemented);
Provide South Korea with most-favored nation (MFN) status for potential Section 232 tariffs on semiconductors and pharmaceuticals (see below);
Commit South Korea to purchase $100 billion worth of U.S. energy;
Commit South Korea to invest $150 billion toward U.S. shipbuilding and $200 billion in certain sectors, including semiconductors, nuclear energy, batteries, biotechnology, and critical minerals; and
Commit South Korea to ease some nontariff barriers to U.S. imports.

Not Delfin specifically, but there was theory floating around that Delfin 1 & 2 would be built in Korea and 3 might be built in the states as part of this agreement.

To pull a move from the XL playbook: 150 + 200 = 350.