Kathmandu, July 30: In a flurry of social media posts, U.S. President Donald Trump has unveiled two major international trade agreements—one with Pakistan and the other with South Korea—marking a bold step in reshaping America’s trade landscape.

From the White House, Trump declared that the U.S. and Pakistan have reached a deal to jointly develop Pakistan’s vast oil reserves. An American oil company is reportedly being selected to lead the effort. “Who thinks one day Pakistan could sell oil to India?” Trump wrote, hinting at broader regional implications.

Simultaneously, Trump announced a sweeping trade agreement with South Korea. Under the deal:

• South Korea will invest $350 billion in the U.S., with allocations overseen directly by the U.S. president.
• $100 billion worth of U.S. LNG and energy products will be purchased by South Korea.
• The country will eliminate barriers to U.S. imports, including cars, trucks, and agricultural goods.
• However, South Korean goods entering the U.S. will face a 15% tariff, while U.S. exports to South Korea will face no tariffs.

Trump emphasized, “We are busy working on trade deals in the White House,” and noted he has been engaging with world leaders keen to “make America very happy.”

The South Korean president, Lee Jae-myung, is expected to visit the White House in two weeks for a formal announcement of further South Korean investments.

While critics question the long-term impacts of high tariffs and selective control over foreign investments, Trump’s administration continues to position these deals as wins for American industry and influence.

The White House has yet to release official documents on either agreement.