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National Korean War Veterans Armistice Day is observed each year on July 27th. It is a time to remember as many as 50 thousand American troops who died in the conflict (official sources vary on the actual number), and over 100 thousand wounded, and thousands of prisoners of war.
Each year, the President of the United States issues a proclamation announcing July 27th as a day of national observance in honor of Korean War veterans and their families. There are observances of this day on military bases, at military cemeteries such as Arlington National Cemetery, and more informal observances held in America, South Korea, and elsewhere.