Lee Kang-deok says that the 50% U.S. tariffs have devastated the steelmaking hub of Pohang and that President Donald Trump risks alienating key allies such as South Korea and Japan.

Seoul will invest $200 billion, or as much as $20 billion a year, and set aside another $150 billion to invest in its American shipbuilding operations, a South Korean official said.

U.S. President Donald Trump spoke at a leaders' dinner hosted by South Korean President Lee Jae Myung on Wednesday, ahead of his face-to-face meeting with China's Xi Jinping.

Follow live updates as President Donald Trump continues his three-country Asia tour with a final stop in South Korea, where he'll meet with China's Xi Jinping.

Donald Trump visits Seoul for talks with President Lee Jae-myung focused on trade, investment, and maintaining stability amid growing tensions in the Asia-Pacific region.

President Trump lamented not being able to speak with Mr. Kim, the North Korean leader, but vowed to end the decades of hostilities between the two Koreas.

The U.S. inked Technology Prosperity Deals (TPD) with Japan and South Korea with an eye towards spurring collaboration on AI, semiconductors, quantum computing, biotech, space, 6G and other technologies.

"No Trump!" the rally of hundreds shouted, growing louder as it neared the United States embassy in the centre of South Korea's capital Seoul. A line of police buses stopped them reaching the gates, but a stage and loudspeaker ensured their voices would soar above Gwanghwamun square and within earshot of US President Donald Trump's representatives.