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Fact-check · Aug 17, 2026 · Donald Trump

“Biden rescind that $3,000,000,000”

FALSE
What the record shows
Biden's 2021 SMA set South Korea's payment at approximately $1 billion annually (13.9% increase from 2019). No Trump administration agreement for $3 billion annually was ever finalized or 'rescinded' by Biden.
Sources
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From: President Trump Greets Lifeguard Ryder Williams

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