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President Donald Trump said the U.S. is nearing a “wonderful” trade breakthrough with South Korea, which is seeking relief from steel tariffs and in talks on revising a bilateral trade pact.

A U.S. deal with South Korea “is very close to being finished,” Trump said Friday at the White House. “We’re going to have a wonderful deal with a wonderful ally. We are going very close to it. It was a deal that was causing a lot of problems for our country in terms of employment and in terms of lots of other things.”

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