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10 Myths About KORUS and Free Trade Agreements

Abstract: Would free trade between the U.S. and South Korea be good or bad? Opponents of the proposed trade agreement between the two countries (KORUS) make frightening arguments about the agreement, claiming everything from lost jobs and U.S. sovereignty to special privileges for foreign investors. Some opponents claim KORUS would not expand free trade, while others claim free trade is simply bad for the U.S.

South Korea Needs to Embrace a More Expansive Role in Asia

The inauguration of Yoon Suk Yeol as South Korea’s new president quickly led to alignment with the United States on a wide range of foreign and security policies. Yoon declared that a strong alliance with the United States would be the foundation for South Korea’s foreign relations with China and North Korea. He rejected his predecessors’ attempts to balance Seoul’s relationship with Beijing and Washington.

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