The U.S. trade deficit with Korea in goods and services declined by $7.3 billion in 2017 on a record $23.2 billion in U.S. services exports to Korea.

In 2017, the U.S. ran a massive agricultural trade surplus with Korea of $6.3 billion. It generated nearly $9.6 billion in additional economic activity.

South Korea is an ally both in national security and in trade. It should not have been included on the list of targeted countries for steel safeguards.

The U.S. set a new record of $48.3 billion in exports of manufactured and agricultural goods to the Republic of Korea in 2017.

While the trade actions being taken by the Trump Administration ostensibly target China, they disproportionately hit South Korea. 

If present trends continue for the final two months of 2017, the U.S. will set a record level of merchandise exports to Korea, reaching nearly $48 billion.