August 2, 2025

President Trump announces a trade deal with South Korea. Here’s what it means for consumers.

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Friday is President Trump’s deadline for new tariffs on nearly every country in the world. A new deal was announced Wednesday with South Korea, a major trading partner. CBS News business analyst Jill Schlesinger breaks down what it means for consumers.

President Trump announces a trade deal with South Korea. Here’s what it means for consumers.

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