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U.S.-Korea FTA News

(Daily News)
November 06, 2017

While the business community and some on Capitol Hill are looking for ways to stop President Trump from a potential NAFTA withdrawal, Republican leaders in the House and Senate have made clear in closed-door meetings they will not face off with the president on trade out of fear they could jeopardize tax reform efforts or spur primary challenges to vulnerable lawmakers in 2018, congressional and private-sector sources told Inside U.S. Trade.


(Daily News)
November 06, 2017

South Korea is slated to complete an economic feasibility assessment this week outlining potential amendment areas -- which could include agriculture -- in the U.S.-Korea Free Trade Agreement, according to sources and media reports.


(Daily News)
November 02, 2017

President Trump is set to meet with key trading partners in Asia without a coherent and effective strategy to achieve positive outcomes for the U.S., multiple sources and trade analysts have told Inside U.S. Trade -- adding that U.S. trade officials are not pushing China to make changes to its industrial policy in a bid to build a narrative that supports the case for tougher action in the future.


(In Trade)
November 02, 2017

Kim Hyun-chong has also asked the president to “sharply beef up his team.”


(Daily News)
October 26, 2017

Senior conservative South Korean lawmaker Hong Jun-Pyo on Thursday expressed concern over the country’s leadership as talks on the U.S.-Korea Free Trade Agreement proceed, saying there was “no need” for the pact to be renegotiated and contending that bilateral “deficit issues” – cited by the U.S. in demanding improvements – could be solved by boosting natural gas import


(In Trade)
October 25, 2017

The Nov. 10 discussion is part of Seoul's process for renegotiating trade deals.


(In Trade)
October 13, 2017

“As our governments continue to have discussions, the Councils have become concerned with their direction – and in particular the limited consultation with the business community.”


(In Trade)
October 13, 2017

“As our governments continue to have discussions, the Councils have become concerned with their direction – and in particular the limited consultation with the business community.”


(In Trade)
October 12, 2017

“Even if the U.S. throws its weight and pressures to scrap the agreement and makes unreasonable demands, Korea will not give in to that.”


(In Trade)
October 11, 2017

“The Moon Jae-in administration did not follow the due procedure before making it an accomplished fact that the KORUS FTA will be revised.”


(In Trade)
October 10, 2017

Cutler predicts “tough talks” ahead.


(Daily News)
October 04, 2017

The United States and South Korea, at a second special session meeting under the U.S.-Korea free trade agreement, agreed to address implementation issues -- and potential amendments to the deal -- in the near future, U.S. Trade Representative Robert Lighthizer said Wednesday.


(Daily News)
September 28, 2017

China and South Korea are questioning the U.S. International Trade Commission's determination that solar imports have caused serious injury to the U.S. industry, arguing that a global remedy could violate U.S. obligations under the World Trade Organization and the Korea-U.S. Free Trade Agreement.


(In Trade)
September 28, 2017

“When there is a national security issue, shouldn't the U.S. make more concessions?”


(In Trade)
September 22, 2017

“Our nation’s ballooning trade deficit has gutted American manufacturing, killed jobs and sapped our wealth. That is going to change.”


(In Trade)
September 22, 2017

Sources say internal administration discussions about the deal are ongoing, with some officials continuing to push for withdrawal.


(In Trade)
September 21, 2017

“Our trade deal is so bad for the United States and so good for South Korea.”


(Daily News)
September 21, 2017

South Korean Trade Minister Kim Hyun-chong has formally requested a second special session of the Korea-U.S. Free Trade Agreement's joint committee after meeting with U.S. Trade Representative Robert Lighthizer on Tuesday.


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