Posted inChinaEuropean UnionJapanNorth KoreaNortheast AsiaSouth KoreaWorld

Korea evades steel tariffs, wins quota from US in quick FTA tweak

The United States and South Korea have agreed to revisions of the Korea US Free Trade Agreement, or KORUS FTA, while also removing Seoul from Washington’s gunsights in regard to steel imports. At a time when the two allies are playing a high-stakes game on the flashpoint peninsula, the move should calm Korean markets, but […]