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U.S.-Korea FTA News

(Daily News)
September 19, 2017

The Trump administration is heading into a third round of NAFTA negotiations while it pursues a Section 301 investigation into Chinese intellectual property practices and holds talks with South Korea about amending a bilateral free trade agreement -- all without deputies and other senior staff in place within the Office of the U.S. Trade Representative.


(Daily News)
September 13, 2017

President Trump is continuing to review the U.S.-Korea Free Trade Agreement, but no change in policy is expected to be announced in the near future, the White House director of legislative affairs said this week.


(Daily News)
September 11, 2017

South Korea's ambassador to the U.S. said on Monday that he hopes the two countries will soon set a date for another special session of the U.S.-Korea Free Trade Agreement’s joint committee to continue discussions about modifying the five-year-old deal.


(Daily News)
September 08, 2017

The U.S., Canada and Mexico are working through the least controversial issues first in NAFTA talks in an attempt to gain steam for the rest of the negotiations, which are bound to prove trickier, Commerce Secretary Wilbur Ross said today.


(In Trade)
September 07, 2017

The Rules Committee removed the amendment from an omnibus appropriations bill.


(Daily News)
September 06, 2017

The White House has assured key lawmakers that its threat to begin withdrawing from the U.S.-Korea Free Trade Agreement has -- for now -- been taken off the table, sources told Inside U.S. Trade.


(In Trade)
September 05, 2017

“Trump’s impulses are strategically incoherent.... Mr. Trump’s shocking slap to America’s Korean friends will be noted and long remembered.”


(In Trade)
September 05, 2017

“Consulting with businesses, farmers, and ranchers on trade isn’t just a good idea: It’s the law.”


(Daily News)
September 05, 2017

Congress could try to “intercept” any move to pull the U.S. from its free trade agreement with South Korea by passing an appropriations bill that bans the use of any funding for withdrawal, Rep. Stephanie Murphy (D-FL) said today.


(In Trade)
September 03, 2017

Members of Congress from both parties lament the possibility of a trade fight amidst worries over North Korea.


(Daily News)
September 03, 2017

During the first-ever special session of the U.S.-Korea Free Trade Agreement’s joint committee last month, the U.S. -- aiming to reduce its bilateral trade deficit -- asked Seoul to immediately drop all of its remaining agriculture tariffs while allowing phaseouts for U.S. agriculture tariffs to be extended by five to 10 years, sources told Inside U.S. Trade.


(Daily News)
September 01, 2017

After U.S. Trade Representative Robert Lighthizer and South Korea’s trade minister, Kim Hyung-chong, failed last month to agree on how to move forward on the U.S.-Korea Free Trade Agreement, the Trump administration is considering initiating the process of withdrawing from the deal as early as Tuesday, sources told Inside U.S. Trade.


(In Trade)
September 01, 2017

Wendy Cutler says the U.S. should “welcome” Seoul's call for an “objective analysis” that gets to the root causes of the trade deficit.


(In Trade)
August 25, 2017

Instead, Craig Uden urged, the U.S. should “continue our focus toward Japan, working on a bilateral” trade deal.


(Daily News)
August 23, 2017

Following the first-ever special session of the U.S.-Korea Free Trade Agreement’s joint committee this week, South Korea’s trade minister, Kim Hyung-chong, said the U.S. negotiating team lamented the U.S. bilateral trade deficit during the talks but did not offer detailed proposals for how to reduce it.


(In Trade)
August 22, 2017

The U.S. is “committed to substantial improvements that address the trade imbalance and ensure the deal is fully implemented.”


(In Trade)
August 22, 2017

“We made our position clear that investigation, analysis and evaluation of the impact of the Korea-U.S. FTA must be preceded.”


(Daily News)
August 17, 2017

The U.S. has agreed to South Korea's request to hold a special session of the U.S.-Korea Free Trade Agreement's joint committee in Seoul, sources say.


(In Trade)
August 17, 2017

“It is not desirable to fuss over the U.S. demand for a renegotiation.”


(Daily News)
August 16, 2017

The U.S. should tread carefully in its pursuit of a modified U.S.-Korea Free Trade Agreement and in its push to reduce its trade deficit with South Korea, a group of senior advisers has told the U.S. Trade Representative – cautioning that bilateral trade disputes should be approached warily in light of shared concerns over North Korea.


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