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Trump scores golden gifts as U.S., S. Korea advance trade talks

Los Angeles Times

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October 30, 2025

The United States and South Korea advanced trade talks Wednesday, addressing details of $350 billion that would be invested in the American economy, after negotiations and ceremonies that included the presentation of a gold medal and crown to President Trump.

- By Curis MEGERIAN

Trump scores golden gifts as U.S., S. Korea advance trade talks

PRESIDENT Trump is given a gold crown Wednesday by South Korean President Lee Jae Myung.

(MARK SCHIEFELBEIN Associated Press)

Both were gifts from the country’s president, Lee Jae Myung, who dialed up the flattery while Washington and Seoul worked to nail down financial promises during the last stop of Trump's Asia trip.

Although both sides said progress has been made — Trump said things were “pretty much finalized” —no agreement has been signed yet. The framework includes gradual investments, cooperation on shipbuilding and the lowering of Trump's tariffs on South Korea's automobile exports, according to Kim Yong-beom, Lee’s chief of staff for policy. The White House did not immediately respond to a request for comment.

The announcement came after a day of adulation for the visiting American president from his hosts. There was a special lunch menu featuring U.S.-raised beef and a gold-adorned brownie. A band played Trump’s campaign anthem of “Y.M.C.A.” when he stepped off Air Force One. Lee told him that “you are indeed making America great again.”

Trump can be mercurial and demanding, but he has a soft spot for pomp and circumstance. He was particularly impressed by a choreographed display of colorful flags as he walked along the red carpet.

“That was some spectacle, and some beautiful scene,” Trump told Lee during their meeting. “It was so perfect, so flawlessly done.”

Earlier in the day, Trump even softened his rhetoric on international trade, which he normally describes as others always trying to rip off the United States.

“The best deals are deals that work for everybody,” he said during a business forum.

Trade deal with Seoul in progress

Trump was visiting while South Korea is hosting the annual Asia-Pacific Economic Cooperation summit in the historical city of Gyeongju.

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