SEJONG, Jan. 26 (Korea Bizwire) — South Korea and the United States plan to hold the second round of talks to amend their free trade pact in Seoul next week, Seoul’s trade ministry said Friday, amid mounting U.S. trade pressure. The two-day talks — set to begin Wednesday — come days after U.S. President Donald [...]
SEOUL, Jul. 25 (Korea Bizwire) — S. Korea’s big name exporters have stepped up their lobbying activities in the United States after the Donald Trump administration took office, data showed Tuesday, apparently to smooth out potential trade issues. U.S. Senate Lobbying Disclosure Database showed that tech giant Samsung Electronics spent US$1.47 million on lobbying activities [...]
SEOUL, May 14 (Korea Bizwire) – The latest steps by U.S. President Donald Trump to renegotiate the North American Free Trade Agreement (NAFTA) could undercut the price competitiveness of South Korean exports to America that are shipped through Mexico, according to experts Saturday. The concern came as the Trump administration is anticipated to kick off official steps to renegotiate [...]