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Analyzing the Renegotiated U S –Korea Free Trade Agreement (KORUS)

On March 28, 2018, Ambassador Robert Lighthizer and Republic of Korea Minister for Trade Hyun Chong Kim announced that the two countries had reached an agreement in principle on the renegotiation of the U.S.–Korea Free Trade Agreement (KORUS). The renegotiation covered such areas as automobiles, customs processes, and investment, as well as the recently imposed U.S. steel and aluminum tariffs.

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