Samsung and other South Korean firms pledge larger domestic investments after US tariff deal

In a significant move to bolster domestic economic growth, South Korea’s corporate titans, including Samsung Electronics and Hyundai Motor Group, have unveiled expansive investment plans following a high-profile meeting with President Lee Jae Myung. This development comes just days after South Korea finalized a landmark trade agreement with the United States, aimed at averting steep tariffs and fostering bilateral economic ties.