While the overall U.S. trade deficit in merchandise goods with the world increased by $1.9 billion or 0.4 percent, the bilateral trade deficit between the U.S. and South Korea declined by $647 million or 2.3 percent.
“Thank you, @Samsung! We would love to have you!” Donald Trump wrote on his personal Twitter account, linking to a story about a possible plan for the tech company to build a factory for home appliances in the United States.
President Donald Trump did not take long in fulfilling his campaign promise to pull out of Trans-Pacific Partnership (TPP). Just three days into his presidency, he formally withdrew the United States from the TPP and began to honor his pledge to change the way the United States does trade.
For the last eight years, we’ve seen a relationship that has grown beyond the Cold War confines of the threat from North Korea and that has begun to evolve into more of a partnership that works together both in the region and on the global stage.
Our annual look at the events that will shape the Korean peninsula in the coming year.
When looking at jobs and the KORUS FTA there are three additional factors to consider – trade in services, foreign direct investment, and items covered by the KORUS FTA.
Unlike past U.S. elections, President-elect Donald Trump has made trade a centerpiece of his campaign.
International trade has become a top-tier political issue during this U.S. election cycle that has come together to create a “perfect storm” for candidates at all levels in both political parties.
Do claims of the KORUS FTA costing the United States 100,000 jobs hold up?
Last week, we looked at the Republican Party platform. This week, the Democratic Party is meeting to nominate its candidate for president and vice president.