The United States and South Korea on Nov. 14 jointly released a fact sheet about their Oct. 29 trade deal, with U.S. tariffs dropping from 25% to 15% and South Korea pledging to invest $200 billion in strategic projects, including energy and artificial intelligence, at a pace of $20 billion per year, but reserving the right to renegotiate if it faces economic difficulties. Meanwhile, Washington affirmed its support for South Korea to develop civil uranium enrichment and fuel reprocessing capacity to supply their nascent plan to jointly build nuclear-powered submarines.

After the Oct. 29 meeting between Trump and South Korean President Lee Jae Myung, Seoul raised concerns about the pace of investment and both sides issued differing statements about where South Korea would build its first nuclear submarine.