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Core Points - The core agreement between South Korea and the United States involves a reduction of automobile tariffs to 15% and a commitment from South Korea to invest $350 billion in the U.S. over time [3][5][6]. Group 1: Tariff Agreement - South Korea and the U.S. have reached an agreement where the automobile tariff will be reduced to 15%, down from the previous 25% [5][6]. - The U.S. will continue to impose a 15% tariff on South Korean goods overall [5]. Group 2: Investment Commitments - South Korea will invest $350 billion in the U.S., with $200 billion to be paid in installments and $150 billion allocated for shipbuilding [5][6]. - The investment will be phased rather than a one-time payment, and profits will be shared equally (50:50) before the initial investment is recouped [5][6]. Group 3: Bilateral Cooperation - The leaders of South Korea and the U.S. expressed a commitment to expand economic cooperation centered around the shipbuilding industry [11]. - Discussions included the importance of national security and the potential for the U.S. to supply nuclear submarine fuel to South Korea, which would allow South Korea to build conventional submarines [12]. Group 4: Diplomatic Relations - The meeting between South Korean President Lee Jae-myung and U.S. President Trump was described as very successful, with both leaders emphasizing the strengthening of the U.S.-South Korea alliance [9][11]. - President Trump was awarded South Korea's highest honor, the Order of Mugunghwa, highlighting the close relationship between the two leaders [12].