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U.S.-Korea FTA News

(Daily News)
August 11, 2017

The U.S. and South Korea have yet to agree on where the two countries will convene a special session of the U.S.-Korea Free Trade Agreement's joint committee, a source told Inside U.S. Trade.


(Daily News)
August 08, 2017

The U.S. bilateral trade deficit with South Korea is shrinking and will continue to narrow “at an accelerating rate,” the Korean government says in comments on a U.S. trade agreement study filed as the two countries begin discussions on how to modernize the U.S.-Korea Free Trade Agreement.


(Daily News)
August 05, 2017

The Office of the U.S. Trade Representative has asked a group of industry advisers to provide feedback by mid-August on modifications the U.S. could seek to its free trade agreement with Korea.


(In Trade)
August 04, 2017

“There is no future in trade if we keep to a defensive position.”


(In Trade)
July 31, 2017

The Korea Times reports that Kim Hyun-chong “spearheaded over 40 trade deals as trade minister between 2004 and 2007.”


(In Trade)
July 27, 2017

“Cotinued access on the terms that were negotiated in the KORUS is essential to the future health of the U.S. beef industry.”


(Daily News)
July 24, 2017

South Korea, in its official response to the Trump administration’s request for a special session under the U.S.-Korea Free Trade Agreement, has asked to postpone the meeting until its new trade minister is appointed and can co-chair the joint committee for Seoul.


(In Trade)
July 17, 2017

“A unified front serves the U.S. well in any discussions with trading partners, demonstrating a shared purpose and resolve that will result in better outcomes.”


(In Trade)
July 13, 2017

“The government wants to keep the framework as it is, not shaking it up greatly.”


(Daily News)
July 12, 2017

U.S. Trade Representative Robert Lighthizer has officially conveyed to Korea the Trump administration's request for a special session of a U.S.-Korea Free Trade Agreement joint committee, calling for the deal to be modified rather than renegotiated.


(Daily News)
July 12, 2017

Bowing to pressure from President Trump to reduce the U.S. trade deficit with Korea, the Office of the U.S. Trade Representative this week will ask that a U.S.-Korea free trade agreement joint committee convene a special session to renegotiate the deal even though Seoul has not yet appointed a new trade minister, sources told Inside U.S. Trade.


(Daily News)
July 12, 2017

Bowing to pressure from President Trump to reduce the U.S. trade deficit with Korea, the Office of the U.S. Trade Representative this week will ask that a U.S.-Korea free trade agreement joint committee convene a special session to renegotiate the deal even though Seoul has not yet appointed a new trade minister, sources told Inside U.S. Trade.


(Daily News)
June 30, 2017

President Trump called on South Korea to “stop enabling” the export of dumped steel into the U.S. -- while taking a hard line on trade barriers he claimed domestic automakers face in South Korea -- during today's meetings with the country's newly elected President Moon Jae-in.


(Daily News)
June 30, 2017

President Trump said he and South Korean President Moon Jae-in discussed a “new” bilateral trade deal, but sources told Inside U.S. Trade that prospect was not met with interest from Seoul, which instead emphasized the “mutually beneficial” nature of the existing agreement and agreed to address thorny outstanding issues with the U.S.


(Daily News)
June 28, 2017

President Trump will hold a “frank discussion” with South Korea's newly elected President Moon Jae-in about the U.S.-Korea free trade agreement and its “trade imbalance,” including on steel and the barriers U.S. auto sales face in South Korea, a senior White House official told reporters on Wednesday.


(In Trade)
June 22, 2017

The USTR said he would meet with Korean officials this week to discuss “a variety of thorny issues, issues we think are costing us exports.”


(In Trade)
June 13, 2017

“President Trump and President Moon will discuss ways to advance cooperation on economic and global issues.”


(In Trade)
May 04, 2017

Growth in services outstrips a decline in exports.


(In Trade)
April 27, 2017

“It’s a horrible deal. It was a Hillary Clinton disaster, a deal that should’ve never been made. It’s a one-way street.”


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