Trump: "Great Relationship with South Korea... Summit to Be Held Soon"

Remarks on Coordination of South Korea-U.S. Summit
Comments on Tariffs and Security Regarding Brazil, India, and Russia

On August 1 (local time), President Donald Trump of the United States emphasized the relationship with South Korea, stating, "We have a great relationship with South Korea."

President Trump made this remark when asked by reporters, while departing from the White House for Bedminster, New Jersey, about when he would hold a summit with South Korea.

On July 30, President Trump announced the conclusion of the South Korea-U.S. trade negotiations and stated that President Lee Jaemyung would visit the White House within two weeks for a bilateral summit. It is also known that during the South Korea-U.S. foreign ministers' meeting held in Washington, D.C. the previous day, the schedule for the summit was specifically coordinated.

Regarding the background for imposing a 50% tariff on Brazil, President Trump explained, "I love the people of Brazil, but it is because the Brazilian government did something wrong." He has recently defended former Brazilian President Jair Bolsonaro, who is under investigation for alleged coup plotting, and has criticized the Lula administration, calling it "political persecution" and a "witch hunt." President Trump added that he is willing to talk with President Lula at any time.

Regarding trade negotiations with India, he said, "I heard that India will stop importing Russian crude oil," and assessed, "If that is true, it is a good move." Previously, President Trump imposed a 25% tariff on India, citing India's import of Russian oil and participation in BRICS as issues. He also imposed a 39% tariff on Switzerland, higher than originally planned, explaining, "This is because there was a $40 billion trade deficit in trade with Switzerland."

President Trump announced that he is considering using tariff revenues to reduce federal government debt while also providing "dividends" in the form of rebates to the American people. Regarding the resignation of Federal Reserve Board member Adriana Kugler, he said, "I am very pleased that there is now a vacancy on the Fed Board." It is interpreted that, after Federal Reserve Chair Jerome Powell refused to lower interest rates, President Trump intends to influence monetary policy by replacing Fed board members.

Meanwhile, President Trump addressed his order to deploy two nuclear submarines after Dmitry Medvedev, Deputy Chairman of the Russian Security Council, mentioned the possibility of a nuclear attack. He stated, "A former Russian president made threats, and we have to protect our people," emphasizing, "If someone mentions nuclear weapons, we must be prepared. We are fully prepared."

This content was produced with the assistance of AI translation services.