trade deal

South Korea Looking at New Trade Deal with the Eurasian Economic Union

Dan Industry News Release, Trade

South Korea’s trade minister met with Russian officials this week in order to lay the groundwork for a new free trade deal with the Eurasian Union. The move comes amid increasing pressure from the U.S. to renegotiate the South Korean – American trade deal, known as KORUS. The South Korean Trade Minister met with the CEO of a state-owned banking …

business leaders

Business Leaders Push to Keep KORUS Intact

Dan Industry News Release, Trade

Business leaders from the U.S. and Korea are pressing South Korea and the United States to “eliminate the uncertainty” around the U.S.-Korea Free Trade Agreement, known as KORUS. The U.S.-Korea Business Council, along with the Korea-U.S. Business Council, issued a joint statement, calling KORUS “a platform to expand bilateral trade.” President Donald Trump has threatened to withdraw the U.S. from …

business leaders

Agriculture Changes Expected in KORUS Revisions

Dan Industry News Release, Trade

A South Korea trade lawyer believes changes to agricultural trade will top the list of changes requested in KORUS, the U.S.-Korea Free Trade Agreement. During a meeting last week between U.S. Trade Representative Robert Lighthizer and South Korea trade officials, the two nations agreed to open KORUS to renegotiation. The U.S. proposed revisions to language in KORUS regarding industrial goods, …

business leaders

Trump on KORUS to Lighthizer: Call Me a “Crazy Guy”

Dan Industry News Release, Trade

Online source Axios reports that President Donald Trump told U.S. Trade Representative Robert Lighthizer to portray him as a “crazy guy” during the upcoming U.S.-Korea Free Trade Agreement meeting. South Korea will host the meeting with Lighthizer this week to discuss “ways to move forward” with KORUS. The meeting is the second on KORUS, following discussion between Korea and U.S. …

South Korea Trade Representative Meets with U.S. Lawmakers

Dan Industry News Release, Trade

South Korea’s Trade Minister is meeting with lawmakers in Washington, D.C. this week, ahead of a meeting with U.S. Trade Representative Robert Lighthizer next month. Lighthizer will meet with Korea next month to discuss a “path forward” for KORUS, The U.S.-Korea Free Trade Agreement. Korea’s Trade Minister has met with agriculture sector lawmakers, including Nebraska Republican Deb Fischer, to discuss …

korus

Trade Officials Talks KORUS

Dan Industry News Release, Trade

Trade leaders from South Korea and the United States met for the first time last week to discuss the U.S.-Korea Free Trade Agreement. The Trump administration has targeted the free trade agreement for renegotiation, or even termination. A South Korea-based news agency reports U.S. Trade Representative Robert Lighthizer met with South Korea’s Trade Minister to “discuss ways to move forward” …

Farm Leaders Make the Case for Keeping KORUS

Dan Trade

Pressure from the Ag community continues to build, as the President continues to toy with the idea of withdrawing the U.S. from the Korea-U.S. free trade deal, known as KORUS. Hundreds of farm leaders were in Washington, D.C. recently to make their case for keeping KORUS and expanding farm trade.

business leaders

South Korea Trade Teams Tour U.S. Agriculture

Dan Industry News Release, Trade

The U.S. Grains Council says trade teams from South Korea visiting the U.S. over the last three months helps solidify trade between the U.S. and Korea under the U.S.-Korea Free Trade Agreement, known as KORUS. The Council has been hosting trade teams this summer from South Korea, visiting U.S. farmers and grain suppliers in eight states. USGC says South Korean …

korus

Beef Industry to White House: Scuttling KORUS is Also a ‘Job Killer’

Dan Cattle, Industry News Release, Trade

The U.S. beef industry says if President Trump withdraws the US from the Korea-U.S. Free Trade Agreement, millions of dollars and thousands of jobs will be lost throughout the Midwest and other regions. As the president tries to appeal to blue collar workers in the rust belt who voted for him, the National Cattlemen’s Beef Association tells the White House, …