South Korea Agrees Return To The Table And Amend Lopsided Trade Deal With US

The U.S. has won South Korea's agreement to amend their trade deal, overcoming previous reluctance to change the five-year-old pact, which the U.S. blames for increasing its trade deficit.

South Korea plans to start the necessary process for amendment, the nation's trade ministry said in a statement after the second round of talks concluded in Washington. U.S. Trade Representative Robert Lighthizer said he will work to "resolve outstanding implementation issues as well as to engage soon on amendments that will lead to fair, reciprocal trade."

MDarringer - 10/5/2017 8:29:07 AM

+4 Boost

The negotiation was simple:

USA: "Your choices are these: (1) you agree to our demands and we protect you from Rocket Man or (2) we let Rocket Man destroy you. Questions?"

Tiberius1701A - 10/5/2017 8:34:18 AM

+5 Boost

Looks like another potential win.

valhallakey - 10/5/2017 2:06:03 PM

+3 Boost

Good on Trump admin. These trade deals should be reviewed to ensure they are fair and we compete on a level playing field.

bnilhome - 10/5/2017 5:37:28 PM

+8 Boost

Despite all the negative news pushed by the biased mainstream media, Trump racks up another win. He is on his way to an easy re-election victory at this point.

skytop - 10/5/2017 6:49:10 PM

+10 Boost

Thank lame brain Bill Clinton and the criminal Hussein Obama for this huge screwed up dangerous mess they created in N. Korea AND Iran.

valhallakey - 10/5/2017 11:58:01 PM

-4 Boost

that is BS, Trump Is making things worse in that respect... so far 11 missile tests under Trump, more than O, GW and WJC together. He has no clue how to conduct foreign policy. But I do think he is smart on renegotiating trade agreements.