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South Korean lawmakers pass law to manage Seoul's pledge of $350 billion in US investments

SEOUL, South Korea (AP) — South Korean lawmakers on Thursday passed a law to implement a pledge of $350 billion in U. S. investments Seoul made last year to avoid the Trump administration’s highest tariffs. Government officials had urged lawmakers to quickly pass the contested bill, submitted in November, as uncertainty mounts for the country’s trade-dependent economy, already rattled by President Donald Trump’s protectionist swing and now fearing the fallout from his war on Iran. The...

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