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U.S.-Korea FTA News

(In Trade)
December 10, 2018

USTR: “Great news today! ... This improved deal is a great achievement for our nations and workers.”


(Daily News)
October 16, 2018

Washington and Seoul will hold consultations under the auspices of the U.S.-Korea Free Trade Agreement to discuss revising the rules of origin for textile products that are not commercially available in either country.


(Daily News)
October 16, 2018

Washington and Seoul will hold consultations under the auspices of the U.S.-Korea Free Trade Agreement to discuss revising the rules of origin for textile products that are not commercially available in either country.


(In Trade)
October 02, 2018

“As we have reflected the U.S. concerns in the auto sector in the revised KORUS FTA, we will put utmost efforts to get relief from the U.S. auto tariffs based on the agreement.”


(In Trade)
September 24, 2018

“This is long in coming,” Trump said. “Many years, actually, I will say, in coming.”


(Daily News)
September 23, 2018

President Trump on Monday will sign a retooled U.S.-Korea Free Trade Agreement in New York, according to the White House.


(Daily News)
September 21, 2018

Rules of origin governing whether some chemicals will be eligible for benefits under a new U.S.-Mexico trade pact are more flexible than provisions in the North American Free Trade Agreement, sources said, adding the new rules are akin to those included in the U.S.-Korea Free Trade Agreement.


(In Trade)
September 05, 2018

“The deal is done, it's been done with South Korea for a long time, it's been done for about two months, and we'll do a ceremonial signing over the next very short period of time.”


(Daily News)
September 05, 2018

The U.S. and South Korea, in their talks on how to modify the U.S.-Korea Free Trade Agreement, agreed to establish panels to monitor rules of origin and investment issues, according to documents released this week.


(In Trade)
September 03, 2018

USTR said the documents outline the “amendments and modifications to KORUS as well as additional agreements and understandings to improve implementation of the trade pact.”


(Daily News)
August 29, 2018

The U.S. on Wednesday amended a controversial Section 232 process to allow companies from countries that agreed to separate quota deals for steel and aluminum to apply for product exclusions.


(Daily News)
August 27, 2018

South Korean Trade Minister Kim Hyun-chong said last week he was confident the country would be exempted from any Section 232 restrictions on autos and auto parts, contending that provisions agreed to in the modernization of the U.S.-Korea Free Trade Agreement provided Seoul with protection.


(Daily News)
August 16, 2018

If the U.S.-Korea Free Trade Agreement is terminated, U.S. households would face a consumption tax of $4.6 billion annually, according to a report to be released on Thursday.


(Daily News)
July 09, 2018

Washington and Seoul are expected to sign a revised version of the U.S.-Korea Free Trade Agreement as early as September, the Korean Trade Ministry said last week, adding that discussions on “some technical areas” are continuing even though the wording of the pact has been completed.


(Daily News)
July 02, 2018

The 20-year extension of the 25 percent U.S. duty on light and medium and heavy trucks agreed to in principle by the Trump administration and Korean government as part of the revised U.S.-Korea Free Trade Agreement would continue to dissuade Korean exporters from entering the U.S. truck market, the U.S. International Trade Commission reported Monday in an analysis requested by U.S. Trade Representative Robert Lighthizer.


(Daily News)
May 04, 2018

The U.S. and South Korea have resolved remaining issues with the revised U.S.-Korea Free Trade Agreement and will release the text this month, sources told Inside U.S. Trade.


(Daily News)
April 18, 2018

South Korea is seeking more information about a steel quota that was negotiated alongside an amended U.S.-Korea Free Trade Agreement, according to delegates from the Korean International Trade Association who met with the Office of the U.S. Trade Representative this week.


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