Trump, Xi to meet in S. Korea
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The US and South Korea are set to strike a deal to cooperate on AI and quantum computing, even as contentious trade issues linger.
It needs the United States for defense and has spent billions building factories in America. But a Trump trade deal this week with China could erase a Korean edge in the U.S. market.
During Trump’s meeting with Takaichi, both leaders made commitments to various projects in areas of energy, artificial intelligence and critical minerals. Additionally, Japan promised a $550 billion investment in the U.S. as part of a deal to relieve tariff pressures from the Trump administration.
North Korea is in the final stages of developing an intercontinental ballistic missile capable of striking the U.S., the president of South Korea has said.
The United States and China are not going to resolve all the issues that divide them before presidents Donald Trump and Xi Jinping meet Thursday in Busan, South Korea
Video. Thousands of finance workers in South Korea staged a general strike in Seoul on Friday, demanding higher wages and shorter working hours in the country’s banking sector.
The new South Korean submarine is expected to be tasked with eliminating nuclear and missile targets across North Korea.
South Korea has been eyeing nuclear-powered submarines for years, and hurdles could remain despite a new green light from Trump.