Creating Consensus on KORUS

Entering into effect in 2012, the Korea-U.S. Free Trade Agreement (KORUS FTA) has brought benefits for both the United States and South Korea. But the Trump Administration recently called for a review of the agreement, even going so far as to suggest that the United States may withdraw from KORUS altogether.

 

To shed some light on the complicated details of KORUS and the U.S.-Korea trade defecit, Korean Kontext host Jenna Gibson sat down with three KEI experts specializing in economics and trade. They discuss the background of the free trade agreement, why President Trump is opposed to it, and how political considerations may sink a good trade deal.

 

Image from Port of Tacoma's photostream on flickr Creative Commons.