South Korea Weighs US Investment Pledge to Trim Auto Tariff

The US and South Korea have discussed creating a fund to invest in American projects as part of a trade deal, similar to an agreement Japan struck Tuesday with President Donald Trump, people familiar with the matter said.

The scope of the discussions was not immediately clear, but the US has been seeking pledges totaling hundreds of billions of dollars. The talks remain fluid, the people said, speaking on condition of anonymity to discuss details of the negotiations.