Donald Trump seals first major trade deal with South Korea

President Donald Trump and South Korean President Moon Jae-in have signed the first major agreement of Mr Trump’s trade agenda.

The leaders signed an update to an existing US-South Korea free-trade agreement in New York.

Both leaders are attending an annual UN gathering.

He said US cars, pharmaceuticals and agricultural products will gain better access to Korean markets.

Mr Moon said companies from both countries will be able to do business under more stable conditions.

The South Korean leader also said he hopes the revised agreement with the US will help solidify their cooperation in other areas.