S Korea can’t pay $US350b to US for tariff deal: aide
Seoul says that US President Donald Trump proposes under an agreement to reduce tariffs and seeks an alternative solution to South Korea’s investment in the United States of the United States, and a president consultant in Seoul.
A hand jamming agreement to reduce US leaders’ leaders from 25 percent to 15 percent in July, Trump, as previously imposed, said South Korea’s investment of US $ 350 billion ($ 535 billion) would be a credit and loan guarantee.
Trump said in a statement this week, South Korea’s investment would be “open”, despite the government’s opinion, such expenditures can make Asia’s fourth largest economy a financial crisis.
“The position we’re talking about is not a tactic of negotiating, but a level that we can cope with,” South Korean National Security Advisor Wi Sung-Lac said on Channel A News. He said.
“We can’t pay $ 350 billion in cash,” he said.
South Korea promised US projects in July of 350 billion dollars, increased the US control demands on funds, and South Korean officials said that the formalization negotiations of officialization of trade agreements were locked.
On Thursday, Trump launched the amount of money that sweep tariffs brought to the United States: “550 billion dollars in Japan, South Korea’s $ 350 billion.
Last week, South Korean President Lee Jae-Myung said Reuters would enter the crisis if it was done to make a big expenditure without assurances such as money exchange, which is the South Korean economy, which is $ 410 billion foreign exchange reserves.
Lee’s senior security adviser Wi said no one would question South Korea’s position on the feasibility of the amount.
South Korea’s “We are discussing the alternatives,” he said, the country is hosted by the country and is expected to conclude the trade agreement with the United States, which is hosted by the country, aims to a summit of the Asian-Pacific Economic Cooperation (APEC) group.
