Trump Hails South Korea Ties in Oval Office Meeting

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President Donald Trump and South Korean President Lee Jae Myung expressed optimism for close cooperation on North Korea, collective security and shipbuilding, though the US leader downplayed the chances for further concessions on Seoul’s tariff deal.

“We can do big progress with North Korea,” Trump said at the White House on Monday alongside Lee.

The South Korean leader launched a charm offensive on Trump, praising stock-market gains, the gold finishes he added to the Oval Office and his peacekeeping efforts, and asked him to focus on ending tensions on the Korean peninsula. Lee even suggested that Trump could construct an eponymous tower in North Korea if peace is made.

Still, Trump indicated that the agreement for a 15% tariff on South Korean imports would likely stick as-is, as they hash out unresolved details on the deal.

“I hear they want to renegotiate the deal, but that’s OK, I don’t mind that. That doesn’t mean they’re going to get anything, but I don’t mind,” the US president said.

On this edition of Balance of Power, Joe speaks with:

• Tyler Kendall, Bloomberg Washington correspondent
• Staurt Paul, Bloomberg Economics US Economist
• Dr. Christopher Smart, Founder and Managing Partner of Arbroath Group and former Special Assistant to the President at the National Economic Council during the Obama Administration
• Rick Davis, Partner at Stonecourt Capital and Bloomberg Politics Contributor & Roger Fisk, Former Special Advisor to President Barack Obama and Democratic Strategist
• Spencer Cox, Governor of Utah (R) & Chris Levesque, President and CEO of TerraPower

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