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'South Korea's $350B US Investment Unlikely To Kick Off In First Half, Finmin Says' - Reuters Exclusive

Benzinga·01/16/2026 08:01:03
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  • South Korea's $350-bln package pushed beyond first half
  • Slumping won pressures efforts to advance U.S. deal plans
  • S.Korea plans to stabilise won, fight herd-driven depreciation

 South Korea's planned investment of $350 billion in strategic U.S. ​sectors under a trade deal is unlikely to kick off in the first half of 2026, Finance Minister Koo ‌Yun-cheol said, meaning the weak won currency should not face major new dollar outflows.

The allies agreed to cap annual dollar investment outflows at $20 billion under a November trade deal that cut President Donald Trump's tariffs on imports from South Korea, which agreed in turn to invest $350 billion in U.S. strategic sectors.