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7/11/2025, 9:02:45 AM
https://asianews.network/us-president-trump-ramps-up-pressure-on-south-korea-with-defence-spending/
>A Seoul Foreign Ministry official emphasized that the 12th Special Measures Agreement (SMA) for 2026-2030, signed under former US President Joe Biden, should be upheld, ensuring South Korea pays 1.52 trillion won ($1.1 billion) in 2026 for US Forces Korea (USFK) costs, up from 1.4 trillion won. This statement follows US President Donald Trump's pressure on South Korea to increase its contribution for the 28,500 US troops stationed there, claiming Seoul pays "very little" and falsely asserting Biden reduced contributions to "nothing." Trump also announced 25% tariffs on South Korean products starting August 1, 2025, after a 90-day pause, prompting Seoul to propose a "package deal" combining trade, security, and economic issues. National Security Adviser Wi Sung-lac suggested an early summit with Trump to negotiate, amid concerns Trump may demand South Korea increase defense spending to 5% of GDP, as he has with NATO allies.
FYI, South Korea's national defense budget for 2025 is approximately 61.59 trillion South Korean won (about $46.3 billion USD).
>A Seoul Foreign Ministry official emphasized that the 12th Special Measures Agreement (SMA) for 2026-2030, signed under former US President Joe Biden, should be upheld, ensuring South Korea pays 1.52 trillion won ($1.1 billion) in 2026 for US Forces Korea (USFK) costs, up from 1.4 trillion won. This statement follows US President Donald Trump's pressure on South Korea to increase its contribution for the 28,500 US troops stationed there, claiming Seoul pays "very little" and falsely asserting Biden reduced contributions to "nothing." Trump also announced 25% tariffs on South Korean products starting August 1, 2025, after a 90-day pause, prompting Seoul to propose a "package deal" combining trade, security, and economic issues. National Security Adviser Wi Sung-lac suggested an early summit with Trump to negotiate, amid concerns Trump may demand South Korea increase defense spending to 5% of GDP, as he has with NATO allies.
FYI, South Korea's national defense budget for 2025 is approximately 61.59 trillion South Korean won (about $46.3 billion USD).
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