President Donald J. Trump announced on Truth Social a deal he made with South Korea.
Trump wrote, “South Korea has agreed to pay the USA 350 Billion Dollars for a lowering of the Tariff’s charged against them by the United States. Additionally, they have agreed to buy our Oil and Gas in vast quantities, and investments into our Country by wealthy South Korean Companies and Businessmen will exceed 600 Billion Dollars. Our Military Alliance is stronger than ever before and, based on that, I have given them approval to build a Nuclear Powered Submarine, rather than the old fashioned, and far less nimble, diesel powered Submarines that they have now. A great trip, with a great President of South Korea!’
Trump added, “ South Korea will be building its Nuclear Powered Submarine in the Philadelphia Shipyards, right here in the good ol’ U.S.A. Shipbuilding in our Country will soon be making a BIG COMEBACK. Stay tuned!!! President DJT.”
The Associated Press reported on the deal:
The United States will share closely held technology to allow South Korea to build a nuclear-powered submarine, President Donald Trump said on social media after meeting with the country’s president during Trump’s ongoing trip to Asia.
President Lee Jae Myung stressed to Trump in their Wednesday meeting that the goal was to modernize the alliance with the U.S., noting plans to increase military spending to reduce the financial burden on America.
U.S. nuclear submarine technology is widely regarded as some of the most sensitive and highly guarded technology the military possesses.
The AP further noted that Trump’s announcement was posted ahead of his meeting with Chinese President Xi Jinping. It called the meeting “a chance for the leaders of the world’s two largest economies to stabilize relations after months of turmoil over trade issues.”
The AP further reports, “China possesses nuclear submarines, and North Korea in March unveiled for the first time a nuclear-powered submarine under construction. It’s a weapons system that can pose a major security threat to South Korea and the U.S.”
