Washington: The White House recently shared an image on social media featuring U.S. President Donald Trump alongside top negotiators from South Korea and the United States, as they celebrated a new trade agreement deemed "another historic" milestone by the administration.

According to Yonhap News Agency, the announcement of the deal came after a meeting at the White House with Seoul's Finance Minister Koo Yun-cheol, Industry Minister Kim Jung-kwan, and Trade Minister Yeo Han-koo. The agreement includes a reduction in the proposed tariffs on South Korean goods from 25 percent to 15 percent, contingent upon South Korea's commitments to invest in the United States and fulfill other pledges.

The photo, shared on X (formerly Twitter), depicted Trump with South Korean officials, accompanied by U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer, all showing a thumbs-up gesture. The White House detailed the agreement's key components, including South Korea's promise to invest $350 billion in the U.S., purchase $100 billion in American liquefied natural gas and other energy products, and eliminate tariffs on American goods.

The trade agreement concludes lengthy negotiations initiated after Trump's announcement of reciprocal tariffs in April, aimed at addressing trade barriers against American exports. These tariffs have been part of Trump's strategy to enhance federal revenue, reduce U.S. trade deficits, and strengthen domestic manufacturing.