KORUS

Farmers for Free Trade is a new bipartisan campaign chaired by former Senators Max Baucus and Richard Lugar.  The campaign focus is to rebuild local, grassroots support for trade in states nationwide.  Earlier this week, the American Farm Bureau Federation announced it will form a partnership with Farmers for Free 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 Agreeme...

Trade leaders from South Korea and the United States met for the first time last week to discuss KORUS.  The Trump administration has targeted the free trade agreement for renegotiation, or even termination.  A South Korea-based news agency reports U.S. Trade ...

The U.S. beef industry is the latest in the agriculture community to tell President Trump withdrawing from KORUS, will cost millions of dollars and thousands of jobs.  As the president tries to appeal to blue collar workers in the rust belt who voted for him, the National Cattlemen’s Beef Association told the White House, scuttling KORUS is also a ‘job killer’.  NCBA’s trade adviser...

Agriculture groups are responded to President Trump’s comments regarding the free trade agreement with South Korea, by urging the President not to withdraw from the accord.  Trump said the U.S. would consider withdrawing from the U.S.-Korea F...

In a joint statement, U.S. Wheat Associates and the National Association of Wheat Growers stressed the importance of the U.S.-Korea Free Trade Agreement, also known as KORUS, and pushed for the U.S. to stay in.   Ritzville grower, and U.S. W...

South Korean officials say the U.S. and Korea have not reached an agreement on possible revisions to 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 meetin...

The U.S. Trade Representative’s Office has asked a group of industry advisors to provide feedback on potential changes to the U.S. free trade agreement with Korea.  World Trade Online reports that USTR is seeking the feedback by mid-August, after recently asking its industry trade advisory committees for ideas on the implementation of the agreement and issues “impacting fair trade” with Korea.  US

Last week, South Korea requested the Trump administration to postpone any review of the U.S.-Korea Free Trade Agreement until a new trade minister is appointed in South Korea.  The request comes after U.S. Trade Representative Robert Lighthizer requested a review of the agreement on July 12th in a letter to Korea’s former minister of trade.   S...