Cars and smartphones may rank among South Korea's biggest exports to the US, but few goods inspire a more devoted following than the Asian country's beauty products. K-beauty - a term that covers a wide range of skincare,

South Korea also agreed to invest $350 billion in the United States in projects selected by Trump and to purchase energy products worth $100 billion.

President Donald Trump announced a new trade deal with South Korea, which calls for 15% tariffs on goods from there.