Seoul has rejected US President Donald Trump’s demand of $1 billion for the Terminal High Altitude Area Defense (THAAD) system Washington is installing in South Korea to counter North’s threats.
Trump called the five-year-old trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completes a revamp of the North American Free Trade Agreement (NAFTA) with Canada and Mexico, Trump said in an interview with Reuters.
"It is unacceptable, it is a horrible deal made by Hillary," the Republican Trump said. "It's a horrible deal, and we are going to renegotiate that deal or terminate it."
Asked when he would announce his intention to renegotiate the deal, Trump said: “Very soon. I’m announcing it now.”
“I informed South Korea it would be appropriate if they paid. It's a billion-dollar system," Trump said Friday.
South Korean defense ministry has retorted that there is would be no change to the basic position of the Status of Forces Agreement that governs the US military presence in the nation. South Korea would provide the THAAD site and infrastructure while the US would bear the cost to deploy and operate it.
The first components of the THAAD system have already reached and set up at a former golf course in South Korea. The THAAD system will be operational within days, US officials have said.
US has started to deploy major components of Terminal High-Altitude Area Defense (Thaad) Missile System at its site in South Korea. On Wednesday, six trailers carrying parts of the THAAD system arrived at a former golf course in the county of Seongju in the country's southern region, Yonhap news agency and YTN television reported today
Lockheed Martin has been awarded two contracts worth $286 million from the US Missile Defense Agency for THAAD missile systems. The US firm was awarded a contract worth $273,470,000 for the Missile Defense Agency Terminal High Altitude Area Defense Lot 9 Interceptors, the US Department of Defense announced Tuesday
US has planned to deliver "X-band" radar, a main component of the advanced US missile defense system, by end of this month to South Korea. The two missile launchers and other equipment of the Terminal High Altitude Area Defense (THAAD) system arrived Monday night, at Osan Air Base in Pyeongtaek, 70 kilometers south of Seoul,
The United States has begun the process of deploying the Terminal High Altitude Area Defense (THAAD) system - an advanced missile defense system to South Korea, Yonhap news agency reported citing a military official. The first elements of the system, including two launchers, arrived at Osan Air Base in Pyeongtaek, 70 kilometers south of Seoul, Monday, the US and Seoul militaries told the news agency on Tuesday
China is developing hypersonic weapons that can pierce the missile defense system in Japan and China's Taiwan, as well as the Terminal High Altitude Area Defense (THAAD) system that is planned to be deployed in Republic of Korea (ROK). The development is aimed at piercing the missile defense shields of Japan and its East Asian neighbors,
South Korea's Raybolt medium-range anti-tank guided missile (MR-ATGM) has passed quality tests and is planned for local procurement and export where it will compete against the US Lockheed Martin-made Javelin and the Israeli Rafael-made Spike-MR ATGMs. The nation's arms procurement agency, Defense Acquisition Program Administration (DAPA) hopes to export the advanced Fire & Forget-type weapon, saying it's smaller and lighter, but more powerful and effective than similar foreign weaponry, such as Israel's
South Koreas presidential office has confirmed that the defense ministry has deliberately failed to report the delivery of additional Thaad launchers. The finding came after an investigation into several ministry officials, including the deputy minister for policy, Yoon Young-chan, chief presidential press secretary was quoted as saying by
Arab Islamic American Summit on Sunday is planning to establish the Middle East Strategic Alliance by 2018 with focus on their fight against terrorism, counter-piracy and also to protect the regions waterways and ship routes. The process of establishing the Riyadh-based Alliance with the participation of many nations will be completed by 2018, according to a communique, called “Riyadh Declaration”, adopted at the end of the summit in Riyadh,
The US and Saudi Arabia are likely to finalize a series of arms deals that include THAAD, Bradley Fighting Vehicles, M109 artillery, Littoral Combat Ships (LCS) and munitions as part of the touted $3oo billion arms package during US President Donald Trumps visit to Riyadh Friday. The arms package could end up surpassing more than $300 billion over a decade to help Saudi Arabia boost its defensive capabilities, Reuters reported last week quoting a senior White House official
Pyongyang has claimed that the US Central Intelligence agency has used a 'nano-poisonous' radioactive bio-chemical agent in an attempt to assassinate their country's leader Kim Jong Un. North Korean official news agency on Friday accused the US and South Korean spy agencies of an assassination attempt on leader Kim Jong Un involving biochemical weapons
The controversial Terminal High Altitude Area Defense (THAAD) missile defence system has reached initial operating capability in South Korea, although it is months away from being fully operational, the US military official said. THAAD, designed to intercept and destroy ballistic missiles during their final phase of flight, has now reached an "initial intercept capability", an official, speaking on the condition of anonymity, told the AFP news agency on Monday
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