Former President Donald Trump speaks to members of the media as he arrives at Manhattan criminal court in New York, Friday, April 26, 2024. South Korea is “paying very little” for the U.S. troops stationed on the Korean peninsula and the “very wealthy country” must pay more for continued American military presence there, former President and presumptive 2024 GOP presidential nominee Donald Trump said in an interview released this week.with Time magazine, Mr. Trump said that U.S.
“And we have 40,000 troops that are in a precarious position. And I told South Korea that it’s time that you step up and pay,” Mr. Trump told Time. “They’ve become a very wealthy country. We’ve essentially paid for much of their military, free of charge. And they agreed to pay billions of dollars. And now probably now that I’m gone, they’re paying very little.”
Under the current SMA, which expires at the end of 2025, South Korea agreed to increase its payments in 2021 by 13.9%, according to the Associated Press. That equates to about $1 billion. In each year after 2021, South Korea’s contribution increase was tied to the annual increase in the country’s overall defense budget.
Mr. Trump had kind words for South Korea as an ally, but he left little doubt that he will in fact try to drive a harder bargain.
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