|On July 27th, after three years, one month, and two days of fighting, the Korean War officially ended. The United States suffered 33,327 deaths and 102,000 wounded. The cost of the war was over $18 billion.
Under the terms of the cease-fire, Korea would be divided at the 38th parallel, as it was the day the Communists attacked. The first truce talks had begun on July 10th 1951. A cease-fire agreement was nearly reached very quickly in almost all areas, with the exception of a prisoner-exchange. The United Nations forces refused to return prisoners who did not want to be repatriated. Two more years of fighting ensued and only a threat by President Eisenhower to use nuclear weapons finally brought about an armistice.