fas

Agriculture to Trump: Don’t Mess with KORUS

Dan Industry News Release, Trade

Agriculture groups responded to President Donald Trump’s comments regarding a free trade agreement with South Korea over the weekend by urging the President not to withdraw from the accord. Trump said the U.S. would consider withdrawing from the U.S.-Korea Free Trade Agreement, known as KORUS. U.S. Wheat Associates chairman Mike Miller says: “It would be irresponsible to unilaterally walk away …

renegotiate

South Korea Says No to KORUS Talks

Dan Industry News Release, Trade

Government Officials in South Korea say the U.S. and Korea have not reached an agreement on possible revisions to the U.S.-Korea Trade Agreement, known as KORUS. A South Korea news agency reports that the nation’s top negotiator said there were differences between the U.S. and South Korea regarding the trade deal, but declined to elaborate. A meeting this week between …

meat processing

South Korea Lifts U.S. Poultry Ban

Dan Industry News Release, Poultry

The U.S. Department of Agriculture (USDA) announced that the government of South Korea has lifted its ban on imports of U.S. poultry and poultry products, including fresh eggs. Korea had imposed the ban in response to a recent detection of highly pathogenic avian influenza (HPAI). On August 11, the United States notified the World Organization for Animal Health (OIE) that …

agricultural

Trump Talks Trade with South Korea

Dan Exports/Imports, Industry News Release, Trade

President Donald Trump met with the new President of South Korea on Friday and opened up the session with tough trade talk. An L.A. Times article says Trump announced he will be renegotiating a trade agreement with South Korea that’s already been in place for five years. The agreement is a co-legacy for both Presidents Bush and Obama and it …

Free Trade, Relationships Key To Market Competitiveness In South Korea

Dan Industry News Release, Trade

Recent events in foreign policy and the ongoing conversation about the value of U.S. trade agreements have put a spotlight on South Korea as a close U.S. ally and an important customer for U.S. products, including grains. South Korea is now the fifth largest market for U.S. agricultural exports, totaling $6.2 billion in purchases in 2016. The country was the …

agricultural

Trump Threatens to Terminate ‘KORUS’

Dan Industry News Release, Trade

In a recent interview, President Donald Trump threatened to terminate a trade agreement with South Korea, which he referred to as a “horrible deal that’s left America destroyed.” A Washington Post article says Trump sharply criticized the U.S. free trade agreement with South Korea, known as “KORUS,” which was most recently ratified in 2011. “It’s a Hillary Clinton disaster, a …