Finally, South Korea, US clinch trade deal

DONALD TRUMP AND South Korean President Lee Jae Myung finalised details of their fraught trade deal at a summit in South Korea on Wednesday, and the US president also sounded an optimistic note about a looming summit with China’s Xi Jinping.

- TREVOR HUNNICUTT, JIHOON LEE & JU-MIN PARK

“We made our deal, pretty much finalised it” Trump said at a dinner with Lee and other regional leaders on the sidelines of an Asia Pacific forum.

The allies unveiled a deal in late July under which Seoul would avoid the worst of US tariffs on its imports by agreeing to pump $350 billion of new investments into the US in return for lower tariff rates.