U.S. Secretary of State Mike Pompeo was also scheduled to visit South Korea in early October for the first time in two years, but the trip was canceled at the last minute after President Trump was diagnosed with a coronavirus. The US president said the deal was «a terrible deal» and that he managed to convince Seoul to accept revisions that benefited the US and were ratified in a new pact in September 2018. «Moreover, South Korea is a liberal democracy and it is incompatible with China, while there is still a very large reservoir of goodwill and ties with the United States,» he said. The world`s 12th-largest economy is highly dependent on China for the well-being of its financial situation, but Seoul must compensate for this with a security alliance with the United States, which dates back to Washington`s decisive intervention in the 1950-53 Korean War. . .