For Immediate Release
Revised U.S.-Korea Free Trade Agreement Is Not What Was Promised
Statement of Lori Wallach, Director, Public Citizen’s Global Trade Watch
WASHINGTON - Note: U.S. President Donald Trump and South Korean President Moon Jae-in today signed the revised U.S.-Korea Free Trade Agreement (KORUS).
“Without the promised new terms to stop unfair trade advantages based on currency misalignments, and with the continuation of controversial foreign investor protections, there are few changes to an agreement that Trump called “horrible,” “unacceptable” and a “job killer.” This outcome does not represent the promised replacement of the old, failed trade agreement model.”
This is the world we live in. This is the world we cover.
Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Won't Exist.
Public Citizen is a national, nonprofit consumer advocacy organization founded in 1971 to represent consumer interests in Congress, the executive branch and the courts.