President Trump Delivers Remarks to Korean Business Leaders

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Seoul, Republic of Korea

This video is about President Donald Trump’s speech in Seoul, Korea on June 30, 2019. He starts by saying that it has been a great period of time for their two countries. He informs that they are going to make a visit today to the DMZ because of the longstanding visit with President Moon. Trump remarks that the relationship is very good.

Donald Trump remarks that right now, they have no nuclear tests, no ballistic tests, and they have gotten their hostages, their prisoners back, which they really appreciated from Kim Jong Un. He adds that for decades, the U.S.-South Korea alliance has advanced peace and security in this region and far beyond. He states that today, their partnership is stronger than ever before.

Trump remarks that the United States is having probably the best economy they have ever had. He says that many, many companies including South Korea are coming into the United States from other places throughout the world. He adds that car companies are going to Michigan, Ohio, North Carolina, Pennsylvania, and Florida.

President Trump informs that he met with President Xi of China and they had a very good meeting. He says that they are continuing with their discussions on a trade deal. He adds that the United States and South Korea have made great progress in reducing their trade imbalance and unleashing new prosperity for both of their countries. He exclaims that they announced a totally renegotiated United States-Korea trade deal, which went into effect this last January 1st.

Trump says that their upgraded agreement will benefit workers in both the United States and South Korea, which include strong provisions to increase South Korea’s access to the finest American-made products, including automobiles, agricultural crops, medicines, and more. He adds that under the terms of this deal, South Korea will double the number of American cars that can enter the market each year.

Donald Trump states that since 2017, Korean investment in the United States has expanded by billions and billions of dollars. He adds that this includes Lotte Group’s recent investment of $3.1 billion in Louisiana. He informs that Boeing has also recently announced that Korean Air will acquire 30 brand new 7B7s Dreamliner, which is a deal worth over $9 billion.

President Trump says that companies like Hyundai, Samsung, CJ, Doosan, and SK Group have created more than 50,000 brand new jobs in the United States. He says that they passed the largest tax cut and reform in the history of their country and eliminated more than 30,000 pages of job-killing regulations. He exclaims that according to the World Economic Forum, their financial system, business dynamism, and labor market all rank number one in the world.

Trump informs that he just opened an LNG plant in Louisiana, which is a $10 billion plant. He adds that they had tremendous Japanese investment of ten billion, which is going to employ 10,000 jobs. He adds that they just made a deal with Canada and Mexico, which is a tremendous trade deal. He mentions that they got Keystone approved. He says that they are taking in tremendous dollars from China with the tariffs of goods: $250 billion at 25 percent.

Donald Trump says that they are going to have a great relationship with South Korea. He states that built their military now, it is stronger than it has ever been. He says that they spent $716 billion this year and $700 billion last year. He adds that they have brand new fighter jets, brand new ships, and brand new military equipment for the soldiers. He exclaims that they knocked out the caliphate as soon he got in. He ends by saying that it’s an honor to be with them.

 

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