South Korea Kicks Off US Deals Bonanza After Trump, Lee Meet

South Korean firms announced a flurry of deals with US businesses, including $50 billion in agreements with Boeing Co. and GE Aerospace, after the nations’ leaders met in-person for the first time in Washington on Monday.

The two sides had reached a last-minute trade deal at the end of July that set tariffs on US imports from South Korea at 15%, allowing Seoul to avoid the 25% rate that US President Donald Trump had threatened to impose.