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For Immediate Release
Contact:

Ufuoma Otu, (202) 454-5108, uotu@citizen.org; Matthew Groch, (202) 454-5111, mgroch@citizen.org

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."

Public Citizen is a nonprofit consumer advocacy organization that champions the public interest in the halls of power. We defend democracy, resist corporate power and work to ensure that government works for the people - not for big corporations. Founded in 1971, we now have 500,000 members and supporters throughout the country.

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