U.S. and South Korea’s New Defense Deal is the Latest in Trump’s Securing America’s Economic Interests

By: - February 14, 2019

President Donald Trump is first and foremost a businessman. This may not be the optimal forte for the commander in chief—it is certainly not the only skill set necessary for the position. But when it comes to making sure America is getting a fair end of the deal, there is little doubt Trump knows how to get the job done.

On 10 February, the United States and South Korea signed a new defense spending agreement for funding the two nations’ alliance on the Peninsula.

According to reports, Seoul agreed to pay $920 million this year in a new cost-sharing deal with Washington. The new amount represents a twelve percent increase from the $830 million South Korea was paying last year. The money will go to offset the costs of maintaining United States Forces Korea (USFK), a sub-command which includes just over 28,500 personnel deployed in ROK for nearly seven decades.

Easing Tensions

The finalizing of this deal came in the nick of time. The agreement lifts a strain on the alliance just months before the next scheduled U.S.-North Korean summit. If the two allies are going to stand together against Pyongyang with any credible force, they had better have resolved a serious lingering issue such as this.

The provisional contract, known as the Special Measures Agreement (SMA), was inked nearly six weeks after the previous five-year accord expired on 31 December 2018. Negotiators held ten rounds of talks through the end of last year but remained deadlocked over President Trump’s demand that South Korea pay significantly more than it has in recent years.

Discussions on substantially altering the defense-sharing deal began in the latter part of 2018, after Trump began to publicly lambast ROK for not putting up enough funds for the alliance. First, Trump began to lash out on the Terminal High Altitude Area Defense (THAAD) defense system, given to Seoul as a shield against North Korean missiles. “I said, so let me get this, we have a system that’s very expensive and we shoot down rockets that are shot from North Korea to South Korea,” Trump said to a crowd in Council Bluffs, Iowa back in October. “Okay, so we’re protecting South Korea, right? Why aren’t they paying?”

Two months later, Trump demanded that South Korea increase their funding for the entire USKF deployment. Initially, South Korean President Moon Jae-in responded that he isn’t willing to pay more, reiterating what he had been telling his own officials for months. But as Trump’s demands became more adamant, the leadership in Seoul understood they’d have to come to the negotiating table.

Just the Latest Deal

The restructuring of SMA is the latest example of Trump altering international commitments in favor of the United States. The signing of the new North American trade deal last December and concessions by China in the (still partially ongoing) trade war are more recent examples of Trump’s accomplishments. The president may be uncouth in his demeanor and tactics, but even his critics have to concede: The man knows how to push progress.

  • RSS WND

    • The way Trump can end inflation pronto
      Inflation is a disaster. It is destroying our economy. It is destroying our paychecks and buying power. It is destroying the great American middle class. It is destroying our retirement plans. And it's destroying jobs. President Joe Biden claims we are creating jobs. We are – only millions of crappy, part-time jobs for unskilled, uneducated… […]
    • Biden's tariffs & EV mandates: A horrible combination
      Not long ago, President Joe Biden promised to transform the American auto industry – "first with carrots, now with sticks," is the analogy The Washington Post used. Now, I don't know about you, but I'm not sure I'd trust the president to drive my car much less dictate the future of industrial policy. Yet, Biden… […]
    • Are we still 'America the Beautiful'?
      In late May of 1990, my newlywed husband and I removed our wedding finery, climbed into his pickup truck and embarked on a planless, leisurely tour around the southwest. We saw many wonders, both big and small: the Grand Canyon, the Vermillion Cliffs, Mesa Verde, Canyon de Chelley. We also saw amusing or interesting roadside… […]
    • The Chinese plan for a Caucasian-only deadly virus
      Between 2019-2022, Samuel Bankman-Fried (SBF), 32, "orchestrated one of the largest financial frauds in history, stealing over $8 billion of his customers' money," for which he was sentenced to 25 years in prison. Unfortunately for investors, his tremendous panache made him an effective snake oil salesman. As SBF's trial was winding down, a speech was… […]
    • Is this really the best Democrats can do?
      Today's Democrats really makes you wonder if legendary Thomas Sowell had them in mind when he stated, "We are living in an era when sanity is controversial and insanity is just another viewpoint." On March 20, 2024, the "Anderson Cooper 360" show allowed "Democratic Party strategist" James Carville to make threats against former President Trump.… […]
    • Will American Jews stay blue in November?
      By Robert Anthony Writing some notes for this column, I was shocked to learn how far back the Jews have had left-leaning politics! I have long known that the majority of the Jews vote blue/left and have throughout Jewish history in America. But I was shocked to learn how large a majority. In the 2018… […]
    • WATCH: Trump speaks at Lincoln-Reagan Dinner in Saint Paul, Minnesota
      For 25 years, WND has boldly brought you the news that really matters. If you appreciate our Christian journalists and their uniquely truthful reporting and analysis, please help us by becoming a WND Insider! Content created by the WND News Center is available for re-publication without charge to any eligible news publisher that can provide… […]
    • A Catholic commencement speech at a Catholic college – the horrors!
      While a petition calling for the firing of Harrison Butker, one of the greatest placekickers in the NFL, has gained more than 100,000 signatures, sales of his jersey are skyrocketing. Why all the controversy? This past Sunday, Butker, who plays for the Super Bowl champion Kansas City Chiefs and is a traditional Catholic, delivered the… […]
    • Galatians Unearthed: The Jerusalem Council: Circumcision, food & sex
      Editor's note: The following video is presented by Pastor Daniel Joseph, president and founder of Corner Fringe Ministries. Subscribe to the Corner Fringe YouTube channel here. The post Galatians Unearthed: The Jerusalem Council: Circumcision, food & sex appeared first on WND.
    • Can we really know the will of God?
      Does God still speak to people today? Let's be honest, when someone says that God has been talking to them, we get a little suspicious, sometimes even a little concerned. So, does really God talk to us? Does God Almighty actually have a master plan for our lives? And if so, how do we discover… […]
  • Enter My WorldView