Dayana Barrón

Trumps First Trade Deal With Revamped South Korea Pact

https://www.msn.com/en-us/money/markets/trump-clinches-his-first-trade-deal-with-revamped-south-korea-pact/ar-AAAAWEC?ocid=spartanntp


 Donald Trump and South Korean counterpart Moon Jae-in signed a renegotiated free trade agreement on the sidelines of the United Nations General assembly. This marks the first time the US president has finalized a major trade deal since entering office.  The trade deal is  “tangible evidence of the strength of the relationship between our two countries”. The signing Sarah Moni represented keep progress of the proponents, of the free trade between the two countries, as Trump last year reportedly plans to withdraw from the pact, which affects which designing Sarah Moni represented key progress of the proponents, of the free trade between the two countries, as Trump last year reportedly planed to withdraw from the pact, which later was affected in 2012.  The trade analysts say that the changes to the South Korea agreement where largely cosmetic, as the president limited renegotations  by declining to invoke US trade law which would have required congressional approval of the final deal.



  The trade between the US and South Korea was later explained and the products that contribute the most to America’s merchandise trade gap with South Korea was vehicles in parts, electronics, machinery, iron steel. And now Trump said “ We are now going to start sending products to South Korea,” and that “These outcomes give the finest American made automobiles and innovative medicines and agricultural crops much better access to Korean markets.”