00:00U.S. President Donald Trump has insisted that South Korea's US$350 billion investment in the U.S. must be paid up front.
00:09He says it's part of a broader realignment of trade ties, even as Seoul warns the demand could potentially trigger a financial crisis without safeguards.
00:19Under the deal, Washington would cut tariffs on Korean autos to 15% from 25% in exchange for Seoul's investment.
00:27Trump sealed a similar deal with Japan worth US$550 billion earlier this month.
00:35But Seoul's officials warn the terms could create serious foreign exchange risks and want a currency swap included to protect its financial markets.
00:43Earlier, South Korean Prime Minister Kim Min-sook said visa disputes and the currency swap issue could derail billions in corporate investments to the U.S.
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