South Korea and the United States said they reached a deal that would set U.S. tariffs on most South Korean goods at 15% in return for $350 billion in investment in the U.S.

Economic data out Wednesday showed trade turmoil wasn’t holding back the U.S. economy, but the Federal Reserve left rates unchanged, citing fear of inflation.

U.S. President Donald Trump on Wednesday announced a trade deal with South Korea, setting a 15% reciprocal tariff on the country’s exports to the U.S. U.S. goods will not be charged a tariff, Trump said.