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Investment Demands

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South Korea Rejects Trump's Demands as Unaffordable
world5 months ago

South Korea Rejects Trump's Demands as Unaffordable

South Korean President Lee Jae Myung stated that his country cannot afford to meet U.S. demands for a $350 billion investment in exchange for tariff removal, citing risks of a financial crisis similar to 1997. He emphasized the need for reasonable agreements and expressed concern over recent treatment of Hyundai workers in the U.S., hoping to resolve the issue swiftly to avoid prolonged instability.