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Trump Honored With Crown in South Korea as He Closes $350B Trade Deal [WATCH]

The ‘No Kings’ crowd might not like this one….

President Donald Trump and South Korean President Lee Jae Myung locked in the details of their long-negotiated trade pact at a summit in South Korea on Wednesday — and Trump struck an upbeat tone about what’s next.

“We made our deal, pretty much finalized it,” Trump said during a dinner with Lee and other regional leaders on the sidelines of an Asia-Pacific forum.

The two allies first rolled out the framework in late July: South Korea would dodge steep U.S. tariffs by pouring $350 billion into American investments in exchange for lower tariff rates.

But talks had stalled — until now.

“Prospects were not bright even last night, and there was dramatic progress on the day,”
said Kim Yong-beom, South Korea’s top presidential policy chief.

Under the agreement, Seoul can split its $350 billion commitment into $200 billion in cash, paid in installments capped at $20 billion per year, and another $150 billion for shipbuilding investments to help Trump revive the industry.

The two sides also agreed to share profits 50/50 before the initial investments are recouped and to pursue only commercially viable projects. U.S. Commerce Secretary Howard Lutnick will lead an investment committee to vet proposals.

The White House did not immediately comment on the deal, which still requires ratification by South Korea’s parliament.

Trump was also presented with a massive gold crown before being served a dinner featuring “beef patties with ketchup,” a playful nod to the president’s famously simple tastes.

Trump, who often mocks Democrats for accusing him of “monarchical ambitions,” has never hidden his fondness for gold — or for well-done meat slathered in ketchup.

President Lee gifted Trump the ornate headpiece, a replica of the crown worn by ancient kings of the Silla kingdom, shortly after the president arrived from Japan.

Next up: a high-stakes meeting with China’s Xi Jinping in Busan on Thursday — and Trump’s confidence couldn’t be higher.

Watch the clip below:

More over at The New York Post:



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