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flag South Korea’s top firms pledged billions in local investments after a U.S. trade deal eased tariffs on cars and chips.

flag South Korean companies, including Samsung, Hyundai Motor Group, and SK Group, have announced expanded domestic investments following a new U.S.-South Korea trade agreement aimed at avoiding steep tariffs. flag The deal requires South Korea to invest $350 billion in U.S. industries, with firms pledging billions in local spending for semiconductor production, R&D, and infrastructure. flag In return, the U.S. will reduce tariffs on South Korean vehicles and auto parts and offer favorable treatment to South Korean semiconductors. flag The agreement seeks to balance international commitments with domestic economic stability.

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