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Trump said US is negotiating trade deal with South Korea

Donald Trump said the U.S. is renegotiating a trade deal with South Korea

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President Donald Trump said Friday the United States is renegotiating its trade deal with South Korea.

He also addressed the nuclear weapons threat from North Korea.

Trump met with South Korean President Moon Jae-in for formal talks at the White House a day after they met over dinner.

As well as concerns over North Korea’s technological progress toward a nuclear-tipped missile that could strike the continental U.S., Trump is pushing for a narrowing of the U.S. trade deficit with South Korea.

"We want something that will be very good for the American worker."
Donald Trump

Since his 2016 election campaign, Trump has been critical of a 2012 bilateral free trade agreement and barriers to U.S. auto exports. South Korea had trade surplus of $17 billion with the U.S. last year when including both goods and services.

“It was a great opportunity for us to further the trust and friendship between me and President Trump,” Moon said. “It was also an opportunity for us to reconfirm the fact that the United States and Korea are walking together on the same path towards a great alliance.”

The Associated Press contributed to this report.

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