Trump administration announces new trade agreements with multiple countries
Business · 19 August 2026
Written by AI from multiple news reports
The United States has signed new trade deals with several countries during 2025, including South Korea, Vietnam, and nations in Latin America.
The deal with South Korea, announced on 30 July, cuts tariffs on Korean goods to 15 percent. South Korea has also agreed to buy $36.2 billion worth of Boeing aircraft and invest $350 billion in the US.
A deal with Vietnam was announced in July, with full details released in October. The White House has also confirmed agreements with El Salvador, Argentina, Ecuador, and Guatemala.