Korea Pitches to Make US Shipbuilding Great Again for a Deal

South Korea is pitching the US on a shipbuilding partnership as a key proposal to seal a last-minute agreement to avoid a 25% tariff rate.

While details remain unclear, Yonhap News reportedBloomberg Terminal that South Korea has proposed a multi-billion dollar project dubbed “Make American Shipbuilding Great Again.” South Korea’s Industry Ministry declined to comment.