U.S. President Donald Trump said Monday that Korea's Hanwha will work with the U.S. Navy for the construction of new frigate warships as he announced plans to build a new "Trump-class" of battleships. The remarks come as Korea has sought to deepen shipbuilding cooperation with the United States through its key shipbuilders, including Hanwha Ocean. "Last week, the Navy announced a brand new class of frigate and they're going to be working with Korean company Hanwha," Trump said in a press conference at Mar-a-Lago. On Friday, the U.S. Navy announced a plan to introduce the new class of combat ships designed to be smaller and more agile to complement larger, multi-mission warships. Trump described Hanwha as a "good company," noting its recent decision to invest in Philadelphia naval shipyard, apparently referring to the company's Philly Shipyard. In August, Hanwha Group announced it would invest $5 billion into the shipyard as part of Korea's $150 billion commitment for U.S. shipbuilding cooperation under a broader trade agreement with the Trump administration. During the press conference, Tr