South Korean firms pledged an additional $150 billion in U.S. investments and signed a series of major deals during President Lee Jae-myung’s visit to Washington for his first summit with U.S. President Donald Trump. The commitments, announced at a business roundtable attended by Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won and Hyundai Motor Executive Chair Chung Eui-sun, follow July’s tariff agreement that lowered U.S. tariffs on South Korean exports. Korean Air also signed its largest-ever deal, worth $50 billion, to purchase 103 aircraft and engines from Boeing and GE Aerospace.

The two sides signed 11 memorandums