Congressional leaders push back on withdrawal from S. Korea trade deal
Source: The Hill
BY OLIVIA BEAVERS - 09/05/17 11:27 AM EDT
A bipartisan group of congressional leaders on Tuesday urged the Trump administration not to withdraw from a U.S.-South Korea trade agreement, underscoring the importance of the alliance amid escalating tensions with North Korea.
North Korea's latest nuclear test underscores yet again the vital importance of the strong alliance between the United States and South Korea. The U.S.-South Korea agreement (KORUS), negotiated under two presidents and approved by Congress, is a central element of that alliance," the lawmakers wrote in a statement.
House Ways and Means Committee Chairman Kevin Brady (R-Texas) and Ranking Member Richard Neal (D-Mass.) as well as Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) -- all top members of committees that oversee reciprocal trade agreements -- signed the statement. The lawmakers underscored that South Korea is a "vital" U.S. trading partner, urging for amendments to be made to the current KORUS trade agreement rather than taking a more drastic approach by pulling out entirely.
Our trade relationship can be enhanced and, because KORUSs operation has presented frustrations for some important U.S. industries and stakeholders, we must press South Korea to improve its implementation and compliance. To be effective and constructive, however, we must not withdraw from the agreement while we do so, they continued, adding that they welcome the start of bipartisan discussions.
Read more: http://thehill.com/homenews/administration/349203-congressional-leaders-push-back-on-withdrawal-from-s-korea-trade-deal
Bruce Fallsteen
(32 posts)Undermining an ally who is under the greatest thret from the very country you're talking about nuking.
Turbineguy
(37,420 posts)Russia and China will resolve this dispute with North Korea.
The US will play a limited role. A role befitting the former leader of the World.
The inbred mutants who support trump will not notice the transition.