S. Korea cuts US auto tariff to 15%, no further opening of rice, beef

P.S. The government also told media that most of “investment fund” to the US are performance bonds and loans to fund South Korean companies in the US and direct invest is minimal. Also, they denied Lutnick’s claim that the fund is controlled by the US and would claim 90% of the profit of the US, claiming that are “merely political language” deployed by the US administration.