Trump touts meeting with South Korea to discuss trade deal

President Donald Trump on Wednesday touted a planned meeting with South Korean officials to discuss a possible trade deal, highlighting that the country had supposedly floated an offer to lower the tariff rate on imports.

"We are very busy in the White House today working on Trade Deals. I have spoken to the Leaders of many Countries, all of whom want to make the United States 'extremely happy,'" Trump posted on Truth Social. "I will be meeting with the South Korean Trade Delegation this afternoon. South Korea is right now at a 25% Tariff, but they have an offer to buy down those Tariffs. I will be interested in hearing what that offer is."

South Korea remains one of the most significant East Asian trade partners with whom Trump has yet to conclude at least a preliminary trade agreement.

In the same announcement, Trump teased that other nations had made similar offers to secure a reduction in tariff rates.

"All of this will help reduce our Trade Deficit in a very major way. A full report will be released at the appropriate time. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!" he concluded.