{"id":34206,"date":"2026-03-08T22:19:37","date_gmt":"2026-03-09T02:19:37","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/south-korea-moves-forward-with-350b-us-investment-bill-this-week\/"},"modified":"2026-03-08T22:19:37","modified_gmt":"2026-03-09T02:19:37","slug":"south-korea-moves-forward-with-350b-us-investment-bill-this-week","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/south-korea-moves-forward-with-350b-us-investment-bill-this-week\/","title":{"rendered":"South Korea Moves Forward with $350B US Investment Bill This Week"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"300\" src=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773022776828.jpg?resize=450%2C300&#038;ssl=1\" alt=\"\" class=\"wp-image-34205\" srcset=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773022776828.jpg?w=450&amp;ssl=1 450w, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773022776828.jpg?resize=300%2C200&amp;ssl=1 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n<p>SEOUL, March 9 &#8211; South Korean lawmakers are set to complete work on legislation Monday that would clear the path for a parliamentary vote this week on a massive $350 billion US investment package tied to a trade agreement between the two nations.<\/p><p>The National Assembly is scheduled to hold a full vote on March 12, as South Korea moves to address Washington&#8217;s concerns about slow progress in implementing the bilateral trade arrangement.<\/p><p>Known as the &#8220;Special Act on Investment in the U.S.,&#8221; the legislation would establish an investment framework along with a risk oversight committee to carry out last year&#8217;s accord. The agreement calls for South Korean investment in American shipbuilding and semiconductor industries in exchange for reduced US tariffs.<\/p><p>Earlier this year in January, President Donald Trump warned of potential tariff increases on South Korean goods, criticizing lawmakers for what he called legislative delays on the trade agreement.<\/p><p>Senior South Korean government leaders have maintained that the US-South Korea trade arrangement continues to be effective, even after a February Supreme Court ruling that eliminated many of Trump&#8217;s tariff policies.<\/p><p>However, Seoul officials have expressed worries about how American investments might affect South Korea&#8217;s already struggling won currency. They emphasized that investment decisions would depend on business viability assessments and foreign exchange market stability.<\/p><p>The parliamentary committee, featuring members from both the governing Democratic Party and opposition People Power Party, plans to conduct a final review of the legislation in subcommittee Monday morning before seeking approval at an afternoon session.<\/p>","protected":false},"excerpt":{"rendered":"<p>South Korea&#8217;s parliament is preparing to vote on legislation that would enable $350 billion in US investments under a bilateral trade agreement. The bill comes after pressure from Washington over delays in implementing the deal.<\/p>\n","protected":false},"author":4,"featured_media":34205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[832],"tags":[],"class_list":["post-34206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773022776828.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-8TI","jetpack-related-posts":[{"id":34943,"url":"https:\/\/tvdelmarva.com\/wp\/south-korea-approves-350b-us-investment-deal-to-avoid-higher-tariffs\/","url_meta":{"origin":34206,"position":0},"title":"South Korea Approves $350B US Investment Deal to Avoid Higher Tariffs","author":"Admin","date":"March 12, 2026","format":false,"excerpt":"South Korean legislators have approved legislation to oversee a massive $350 billion investment commitment to the United States. The deal was designed to help Seoul avoid facing Trump administration tariffs of up to 25 percent on key exports.","rel":"","context":"In &quot;World News&quot;","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773300971928.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773300971928.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773300971928.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773300971928.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26145,"url":"https:\/\/tvdelmarva.com\/wp\/hyundai-executive-warns-of-rising-tariff-threats-despite-court-setback\/","url_meta":{"origin":34206,"position":1},"title":"Hyundai Executive Warns of Rising Tariff Threats Despite Court Setback","author":"Admin","date":"February 24, 2026","format":false,"excerpt":"Hyundai Motor's president is pushing South Korea to quickly approve a $350 billion U.S. investment deal, warning that tariff pressures could intensify even after the Supreme Court struck down universal tariffs. The automaker says it and Kia already lost nearly $5 billion last year due to trade tensions.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1771917450090.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":28365,"url":"https:\/\/tvdelmarva.com\/wp\/hyundai-announces-massive-6-3-billion-tech-investment-in-south-korea\/","url_meta":{"origin":34206,"position":2},"title":"Hyundai Announces Massive $6.3 Billion Tech Investment in South Korea","author":"Admin","date":"February 26, 2026","format":false,"excerpt":"Hyundai Motor Group has committed to a major $6.3 billion investment package in South Korea's western coastal region. The comprehensive project will include building an artificial intelligence data center, robot manufacturing facility, and renewable energy infrastructure.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1772162241673.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":26834,"url":"https:\/\/tvdelmarva.com\/wp\/hyundai-plans-multi-billion-dollar-investment-in-robotics-and-ai-technology\/","url_meta":{"origin":34206,"position":3},"title":"Hyundai Plans Multi-Billion Dollar Investment in Robotics and AI Technology","author":"Admin","date":"February 24, 2026","format":false,"excerpt":"South Korean automaker Hyundai Motor Group is preparing a massive investment in advanced robotics, data infrastructure, and hydrogen technology. The multi-billion dollar project could boost the company's expansion into artificial intelligence and autonomous vehicle development.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1771989433336.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":54780,"url":"https:\/\/tvdelmarva.com\/wp\/india-south-korea-target-50b-trade-goal-by-2030-in-economic-partnership\/","url_meta":{"origin":34206,"position":4},"title":"India, South Korea Target $50B Trade Goal by 2030 in Economic Partnership","author":"Admin","date":"April 20, 2026","format":false,"excerpt":"Indian Prime Minister Narendra Modi and South Korean President Lee Jae Myung announced plans to nearly double trade between their nations from $27 billion to $50 billion by 2030. The leaders emphasized strengthening cooperation in shipbuilding, defense, artificial intelligence, and critical minerals amid global economic uncertainties.","rel":"","context":"In &quot;World News&quot;","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776681461949.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776681461949.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776681461949.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776681461949.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":35027,"url":"https:\/\/tvdelmarva.com\/wp\/south-korea-eyes-expanded-ai-partnership-with-uae-after-middle-east-tensions-ease\/","url_meta":{"origin":34206,"position":5},"title":"South Korea Eyes Expanded AI Partnership with UAE After Middle East Tensions Ease","author":"Admin","date":"March 12, 2026","format":false,"excerpt":"A top South Korean presidential aide says artificial intelligence collaboration with the United Arab Emirates may grow once regional conflicts subside. 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