In July, both the U.S. and South Korea agreed to the initial framework of a trade tariff agreement. The two presidents are expected to discuss the details of the long-term trade agreement, which is likely to include significant funding for cooperative U.S.-South Korea shipbuilding initiatives. President Lee suspects that the agreement will include $150 billion dedicated to shipbuilding. In addition, the two nations will discuss other areas of investment for partnerships with U.S. and South Korean manufacturing, including chipmaking, military defense, energy production, and nuclear power. |