KORUS Renegotiation Discussion Begins

The fate of major trade deals continues to be a pain point for U.S. agriculture, but President Trump is continuing to follow through on a campaign promise in the new year to take a tougher stance on trade.

shipping containers
shipping containers
(Farm Journal)

The fate of major trade deals continues to be a pain point for U.S. agriculture, but President Trump is continuing to follow through on a campaign promise in the new year to take a tougher stance on trade.

Negotiations of the United States-Korea Free Trade Agreement (KORUS FTA) began Friday, and representatives from the Trump administration made it clear the trade deficit is a major concern with South Korea.

Jim Wiesemeyer, Farm Journal Washington correspondent, says the U.S. is aiming to knock tariffs on agricultural goods to zero, something that could be tough to accomplish.

Hear Wiesemeyer’s full thoughts on AgDay above.

AgWeb-Logo crop
Related Stories
Farmers look to minimize use of synthetic pesticides
Could be strongest El Nino on record
Brooke Rollins’ intent addresses a paramount question of U.S. national food security: Who decides what a crop is worth?
Read Next
South Dakota’s claim of mere coincidence is absurd, contends producer Julie Burgod. “They can say anything they want, but it’s obvious what is going on here.”
Get News Daily
Get Market Alerts
Get News & Markets App