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Pence says South Korea-U.S. free trade agreement to be reviewed, reformed
Source: Reuters
POLITICS | Tue Apr 18, 2017 | 8:11am EDT
Pence says South Korea-U.S. free trade agreement to be reviewed, reformed
U.S. Vice President Mike Pence told business leaders in Seoul on Tuesday that the Trump administration will review and reform the five-year-old free trade agreement between the two countries.
Pence said the U.S. trade deficit has more than doubled in the five years since the U.S.-South Korea free trade agreement began and there are too many barriers for U.S. businesses in the country.
Pence's meeting in Seoul with business leaders comes before he heads to Tokyo later on Tuesday, where he will meet Japan's Finance Minister Taro Aso and kick off talks that Washington hopes will open doors for U.S.-made products.
U.S. President Donald Trump has vowed to narrow big trade deficits with nations like China and Japan, saying he would boost U.S. manufacturing jobs.
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Pence says South Korea-U.S. free trade agreement to be reviewed, reformed
U.S. Vice President Mike Pence told business leaders in Seoul on Tuesday that the Trump administration will review and reform the five-year-old free trade agreement between the two countries.
Pence said the U.S. trade deficit has more than doubled in the five years since the U.S.-South Korea free trade agreement began and there are too many barriers for U.S. businesses in the country.
Pence's meeting in Seoul with business leaders comes before he heads to Tokyo later on Tuesday, where he will meet Japan's Finance Minister Taro Aso and kick off talks that Washington hopes will open doors for U.S.-made products.
U.S. President Donald Trump has vowed to narrow big trade deficits with nations like China and Japan, saying he would boost U.S. manufacturing jobs.
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Read more: http://www.reuters.com/article/us-southkorea-usa-pence-idUSKBN17K01C
