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Korea’s Lee Says $350 Billion US Deal Causing ‘Sleepless Nights’
Source: Bloomberg
Trade Policy & Supply ChainGeopolitics & WarEmerging Markets
South Korean President Lee Jae Myung said negotiations with the US over projects linked to Seoul's $350 billion investment commitment have reopened after he found elements of a near-complete agreement unacceptable. The impasse introduces uncertainty around a major bilateral investment arrangement and could affect cross-border industrial investment and supply-chain cooperation.
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