U.S. envoy highlights role of S. Korean investment in creating American jobs

U.S. Ambassador to South Korea Michelle Steel has emphasized the significant role of South Korean investment in bolstering the U.S. economy and generating American jobs. In a post on X following a meeting of the U.S.-Korea and Korea-U.S. Business Council, Steel expressed optimism about further expanding economic cooperation between the two nations.

She noted that Korean investments continue to fortify the U.S. economy, bolster American employment, and deepen commercial ties. Steel's comments reflect the U.S. administration's commitment to enticing South Korean investments, following Seoul and Washington's announcement of a planned $200 billion investment in the U.S., as part of a larger $350 billion commitment in return for reduced U.S. tariffs on South Korean goods.

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