Business & Economics
U.S.–ROK Fact Sheet Green-Lights Seoul’s Nuclear-Powered Submarines in $350 Bn Deal
On 14 Nov 2025 Washington and Seoul issued a joint fact sheet that, for the first time, authorizes South Korea to build nuclear-powered attack submarines while tying the move to a $350 billion Korean investment package and a cut of U.S. tariffs to 15 percent.