US President Donald Trump has announced that the US has signed an agreement with Pakistan, under which they will work together to develop the oil reserves of South Asian country. He said that one day Pakistan may sell oil to India.
Trump said in a post on Truth Social on Wednesday (local time), “We have just entered into an agreement with Pakistan, under which Pakistan and America will work together to develop their huge oil reserves.” We are in the process of selecting the oil company that will lead this partnership. Who knows, they may sell oil to India someday! ‘
Trump’s post came only a few hours after the announcement of 25 percent tariff on India and additional fine on Russian military equipment and energy purchase. Toon also said that the White House has been very busy working on business agreements these days.
Also read: US TARIFS: President Trump said- talks with India continue; Referring to BRICS and said- Attack on dollar rejected
Trade agreement with South Korea also
The US has also signed a trade agreement with South Korea. This was announced by President Trump. He said, ‘I am happy to announce that the US has agreed to a full trade agreement with the Republic of Korea. Under this agreement, South Korea will invest $ 350 billion in the US. The US will have control of this investment, and I will decide where this money will be. Additionally, South Korea will buy a $ 100 billion liquefied natural gas (LNG) or other energy products. South Korea has agreed to invest a large amount for its investment objectives. This amount will be announced in the next two weeks. When South Korean President Lee J Muung will visit the White House for a bilateral meeting. It has also been agreed that South Korea will be completely open to trade with the US and will accept American products including car, trucks, agriculture etc. We have agreed on 15% tariffs for South Korea. No tariff will be imposed on America.
ALSO READ: US-IN TRADE: White House Advisor said- Trump disappointed on talks with India, 25% tariff can be solved
Other countries are also talking about reducing tariffs
Trump also said that other countries are now talking to us to reduce tariffs. This will help in reducing America’s trade deficit to a great extent. He said that the entire report on this will be given at the right time.
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