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US-South Korea Nuclear Deal Stalled, Hyundai Faces Losses

11/11/2025

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Story summary
  • No formal agreement has been released two weeks after U.S. President Donald Trump and South Korea's President Lee Jae Myung announced progress.
  • Delays stem from discussions about South Korea's request to build a nuclear-powered submarine.
  • Washington has approved the use of nuclear fuel.
  • Finalizing the factsheet is taking longer due to feedback from U.S. departments.
  • Hyundai Motor loses about 300 billion won monthly to the stalled tariff deal.