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National Security
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Trump says South Korea will build a nuclear submarine in the U.S. Updated October 29, 20256:38 PM ET Originally published October 29, 20256:19 PM ET
President Trump and South Korea’s President Lee Jae Myung at a dinner in Gyeongju, South Korea, on Oct. 29. Andrew Caballero-Reynolds/AFP via Getty Images hide caption
toggle caption Andrew Caballero-Reynolds/AFP via Getty Images
President Trump says he has given South Korea permission to build a nuclear-powered submarine following trade negotiations in the country, saying in a post on Truth Social that “Our Military Alliance is stronger than ever before.”
Trump followed up in a separate post to say that the submarine would be built in Philadelphia. “Shipbuilding in our Country will soon be making a BIG COMEBACK,” he wrote.
It’s unclear what the timeline for such a project would be.
The news followed earlier announcements about trade and investment plans between the two countries. The U.S. and South Korea affirmed that Seoul is investing $350 billion into the U.S. following months of trade talks, including how that money would be distributed.
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All the details of the agreement are yet to be released, but the Korean government said $150 billion of the investment will go toward revitalizing U.S. shipbuilding. Tariffs on South Korean goods will also be lowered from 25% to 15%.
Trump met South Korea’s President Lee Jae Myung in Gyeongju during the APEC summit. Korea is the last stop on a three-nation tour in Asia for Trump. His final meeting is with Chinese President Xi Jinping, also on the sidelines of the summit in South Korea.
- South Korea
- nuclear power