New York (CNN)President Donald Trump and South Korean President Moon Jae-in held a signing ceremony for a new United States-Korea trade deal following a bilateral meeting at the United Nations Monday afternoon.
“It’s a very big deal,” Trump said of the United States-Korea Free Trade Agreement, thanking Vice President Mike Pence, United States Trade Representative Robert Lighthizer, Treasury Secretary Steve Mnuchin and National Economic Council Director Larry Kudlow for their “tremendous work” throughout negotiations, which began in July 2017.
Trump expressed gratitude to Moon for his “dedicated efforts” to reach what he called “a historic milestone in trade.”