President Donald Trump announced a new trade deal with South Korea, which calls for 15% tariffs on goods from there.

South Korea pledged to invest $350 billion in the U.S., as well as to lower tariff barriers, as part of the deal.

US President Donald Trump announced a new trade deal with South Korea, which calls for 15% tariffs on goods from there, after the country scrambled to secure an agreement ahead of the Friday deadline.