Business Standard

Trump calls new U.S.-South Korea trade deal a historic milestone

Image

Reuters NEW YORK

NEW YORK (Reuters) - U.S. President Donald Trump and South Korean President Moon Jae-in signed a free trade agreement on Monday that Trump hailed as a "historic milestone in trade."

Trump, who has sought to renegotiate trade deals with several countries around the world, said the revised agreement would reduce bureaucracy and increase prosperity in the United States and South Korea.

"Our two countries have set an example of friendship and cooperation for trade that rarely you see in this age," he said.

(Reporting by Jeff Mason; Editing by Leslie Adler)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 25 2018 | 3:23 AM IST

Explore News