us south korea to hold trade talks
Tuesday 24 December 2024
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

To their free trade agreement

US, South Korea to hold trade talks

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today US, South Korea to hold trade talks

US, South Korea to hold trade talks next week
Washington - Al Maghrib Today

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 ($42.3 billion) than it did before the agreement was signed in 2011 ($43.5 billion), a decline of 2.7 percent.

Over the same period, South Korean imports in the United States rose by nearly $20 billion, meaning the US trade deficit in goods rose from $13.2 billion to $27.6 billion.

The US deficit in the autos sector alone now stands at $24 billion, an increase of 77 percent since 2011, a statement from Lighthizer's office added.

Since assuming office a year ago, US President Donald Trump has railed against free trade deals, describing them as bad for US jobs.

One of his first moves was to pull US support for the Trans Pacific Partnership (TPP) trade deal, an American-led initiative with 11 Asia-Pacific countries that deliberately excluded Washington's big regional rival China.

His administration is currently involved in bumpy negotiations over the North American Free Trade Agreement (NAFTA) with neighboring Canada and Mexico, which Trump has repeatedly threatened to scrap altogether.

Source: AFP

almaghribtoday
almaghribtoday

GMT 12:55 2018 Sunday ,21 January

Duterte bans Philippine nationals

GMT 13:13 2018 Saturday ,20 January

UK retail sales slide in December

GMT 10:06 2018 Friday ,19 January

To develop oil fields retaken from Kurds

GMT 13:33 2018 Thursday ,18 January

Sudan holds communist leader

GMT 12:51 2018 Wednesday ,17 January

Sudan police beat protesters at demo

GMT 09:24 2018 Tuesday ,16 January

UK construction firm Carillion collapses

GMT 12:06 2018 Monday ,15 January

EU more dependent on Russian gas

GMT 11:31 2018 Sunday ,14 January

Glimmers of hope in Iran economy
Almaghrib Today, almaghrib today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us south korea to hold trade talks us south korea to hold trade talks

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us south korea to hold trade talks us south korea to hold trade talks

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 12:48 2011 Monday ,04 July

Gilbert favourite for win number 2 on Tour

GMT 08:12 2017 Wednesday ,15 February

UAE, Pakistan can benefit from CPEC, says envoy

GMT 09:07 2016 Friday ,19 August

Gawker.com to shut down next week

GMT 03:39 2012 Saturday ,04 August

Shyamalan, Noxon team up for Syfy pilot

GMT 20:13 2012 Friday ,21 December

We need a new cabinet to solve the crisis

GMT 10:01 2014 Thursday ,31 July

Kirstie Alley's TV Land series canceled

GMT 08:15 2016 Thursday ,29 December

Why Don’t We Conserve Water?

GMT 10:58 2011 Sunday ,17 July

IMF urges Europe to bolster lenders

GMT 18:21 2011 Wednesday ,29 June

Zarkana\': Cirque du Soleil debuts new gamble in NY

GMT 11:24 2013 Wednesday ,24 July

Living room interior decoration ideas

GMT 08:35 2012 Thursday ,24 May

Ancient jewellery found in Israel

GMT 14:32 2011 Friday ,16 September

The Fat Years

GMT 11:32 2015 Tuesday ,06 January

Why are there spots on my apple?

GMT 16:59 2013 Monday ,21 January

How to have a safe pregnancy

GMT 12:16 2015 Monday ,16 March

Powerful idyllic nature frames evoked

GMT 13:42 2016 Saturday ,23 January

Socotra island to become a tourist destination

GMT 16:12 2014 Sunday ,09 March

Hiding away unneeded components

GMT 16:12 2011 Thursday ,29 December

Sheraton welcomes new hotel in Kansas City

GMT 10:21 2011 Friday ,16 December

Torres not in Chelsea window

GMT 08:34 2017 Monday ,30 October

Saudis to allow women into stadiums

GMT 06:28 2011 Friday ,11 March

Two further universities linked to Libya

GMT 14:32 2017 Tuesday ,11 April

Permafrost more vulnerable than thought

GMT 19:11 2011 Wednesday ,12 October

IHG eyes launch of Indigo brand in Middle East
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday