Pence – ‘Hard Truth’ is trade deficit doubled since Korus Pact

US Vice President Mike Pence says the US trade deficit has doubled since Korus Pact. The United States and the Republic of Korea signed the United States-Korea Free Trade Agreement (KORUS FTA) on June 30, 2007.

Key quotes

US reviewing all trade agreements including Korus

Must be honest about where US-Korea trade falls short

Still too many barriers for US business under South Korea – US Free Trade Agreement