On March 12, 2019, Robert Lighthizer, U.S. Trade Representative (USTR), testified before the Senate Finance Committee regarding the World Trade Organization (WTO) and President Donald Trump’s desire for a more effective international trading system. In his prepared remarks, Ambassador Lighthizer stated that the United States remains active at all levels of the WTO but
With the international trade community’s focus on China (tariffs) and Mexico/Canada (NAFTA negotiations), it would be easy to forget another significant trade matter that the Trump administration has been seeking to finalize. According to reports, the revised Korea-U.S. Free Trade Agreement (KORUS) will be signed today after President Trump and South Korean President Moon Jae-in meet in New York City, where both are attending the start of the United Nations’ General Assembly plenary session.
Continue Reading Revised Korea-U.S. Free Trade Agreement to Be Signed