Trump says South Korea has agreed to invest $350 billion in US for lower tariffs

URLhttps://thehill.com/homenews/administration/558005
SourceThe Hill
Date Published10/29/2025
Author Name Julia Manchester

Additional Reshoring Information:

Company/Division name Pending Tariffs-600B South Korea
Parent companyPending Tariffs-600B South Korea
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2025
Capital investment ($):600,000
Country(ies) from which reshored:Korea, South
City reshored to:Philadelphia
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredNuclear Powered Submarines
What non-domestic negative factors made offshoring less attractive?Tariffs
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