Home GRASP/Korea US, South Korea to hold trade talks next week

US, South Korea to hold trade talks next week

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US and South Korean delegates will meet in Washington on January 5 for talks on possible amendments to their free trade agreement, officials announced Thursday. The Trump administration initiated talks to renegotiate the United States-Korea (KORUS) free trade agreement in July, arguing the 2012 deal
US and South Korean delegates will meet in Washington on January 5 for talks on possible amendments to their free trade agreement, officials announced Thursday.
The Trump administration initiated talks to renegotiate the United States-Korea (KORUS) free trade agreement in July, arguing the 2012 deal was lopsided because American’s bilateral trade deficit had ballooned under it.
It will be the third such session after previous meetings in Seoul in August and Washington in October.
According to the office of Trade Representative Robert Lighthizer, the US exported less to South Korea in 2016 ($42.

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