The U.S. trade deficit through October with the world expanded by 11 percent, but Korea bucked this trend by declining 22 percent to just $15.1 billion.

While America’s overall merchandise trade deficit went up by 6.7 percent for the first six months of this year, it declined 23 percent with South Korea.

Not only are there sound economic reasons not to impose higher tariffs on Korea motor vehicle and parts imports, it will also damage U.S. national security.

A summary of the key elements American and North Korea statements aimed at denuclearization and establishing a new relationship between the two countries.

Imposing tariffs based on an overly broad interpretation of national security could boomerang against U.S. interests as other nations replicate U.S. actions. 

While many have expressed relief over reaching a tentative deal on the KORUS FTA, Korea still could get caught between China and the United States.