AsianFin -- U.S. President Donald Trump on Wednesday announced a trade deal with South Korea.

"We have agreed to a Tariff for South Korea of 15%. America will not be charged a Tariff," Trump said in a post on his Truth Social platform.

"The Deal is that South Korea will give to the United States $350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President," he said.