S. Korea proposes major shipbuilding investment in U.S.

S. Korea proposes major shipbuilding investment in U.S.

This photo, taken July 28, 2025, shows the headquarters of the state-run Export-Import Bank of Korea in Seoul. South Korea has proposed a multibillion-dollar shipbuilding investment package in the United States as part of ongoing negotiations to avert steep U.S. tariffs as the Aug. 1 deadline for such a deal nears, government sources said the same day. Public financial institutions, such as the bank, are being considered as potential participants in providing financial support for the proposal, dubbed "Make American Shipbuilding Great Again." (Yonhap)

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