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Trump Announces ‘Full and Complete Trade Deal’ with South Korea

The announcement comes days after Trump secureda major trade deal with the European Union that lowered tariff rates to 15% in exchange for investments in U.S. energy and other goods. Trump’s deal with South Korea is similar in that it lowers the tariff on the country from 25% to 15%, and includes investment in U.S. energy.  South Korea will purchase $100 Billion Dollars of LNG, or other Energy products and, further, South Korea has agreed to invest a large sum of money for their Investment purposes. “All of this will help reduce our Trade Deficit in a very major way” Trump said. Trump announces ‘full and complete trade deal’ with South Korea | Just The News

U.S. Reaches Trade Deal with Europe

The European Union and the United States agreed on Sunday to a broad-brush trade deal that sets a 15 percent tariff on most goods, including cars. In addition:

  • The European Union had agreed to purchase $750 billion of American energy
  • EU to increase its investment in the United States by more than $600 billion above current levels.
  • EU would buy military equipment
  • No tariffs would be imposed on some goods.

The agreement will “rebalance, but enable trade on both sides,” Ursula von der Leyen, the president of the European Commission said. The European Union last year accounted for nearly $610 billion of the $3.3 trillion in goods imported by the United States.

U.S. Reaches Trade Deal With Europe – The New York Times

Telling Time – 12-hour time is a very ancient system that traces back to the Mesopotamian empires. They had a cultural fixation with the number 12, used a base-12 numerical system, and divided up most things into 12ths whenever possible – including day and night. The 12 hours of day and 12 hours of night system spread throughout Europe and the Middle East and has defied multiple attempts to change it over the centuries. Also, for anyone curious as to why there was such a love of the number 12, it was because that was how they counted on their hand. Look at your hand. Notice how each of your fingers minus your thumb has three easily identifiable parts to it. They used to count by using their thumb to count each part of the finger, much in the same way we count to 10 using our fingers today. So, 12 was the max you could count on one hand.