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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

The First Edition of the Encyclopedia Britannica Is Published on Dec. 10, 1768  The Encyclopedia Britannica, the oldest continuously published and revised work in the English language, was first made available to the public in Edinburgh, Scotland. This monumental work, which would go on to become a cornerstone of knowledge, marked the beginning of a publication that has influenced generations of scholars, students, and curious minds around the world.  The Encyclopædia Britannica was the brainchild of Colin Macfarquhar, a Scottish printer and bookseller, and Andrew Bell, a Scottish engraver. Together, they sought to create an authoritative, comprehensive, and accessible work that would encapsulate the growing body of knowledge of their time.  What began as a small printing project in Edinburgh grew into one of the most influential reference works in the world, providing access to knowledge and intellectual insight for generations, helping to shape the way we think about history, science, culture, and the world around us. Today, the Encyclopedia Britannica is regarded as one of the most influential reference works in the world. Our personal library to help us learn.  I hear  something better is coming along………