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Trump Touts 'Very Good Relationship' With Kim Jong Un, Asks Hegseth to 'Substantially Reduce' Military Exercises With South Korea

Aug 17, 2026 · 12:24 AM ET· updated 1h ago
Trump Touts 'Very Good Relationship' With Kim Jong Un, Asks Hegseth to 'Substantially Reduce' Military Exercises With South Korea

Trump orders the Pentagon to substantially reduce U.S.-South Korea military drills, citing costs, Seoul’s Iran stance and his relationship with Kim Jong Un.

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Why It Matters

The U.S. is planning to do fewer military practice drills with South Korea to save money and improve relations with North Korea. When big countries change their defense plans, it can affect companies that make military equipment and the mood of markets that depend on that trade.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.