Trump’s ‘Great’ South Korea Deal Isn’t That Different From the Existing One
- Most revisions are narrow in scope or incremental, experts say
- President had criticized existing accord as ‘disastrous’
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President Donald Trump is hailing the revised U.S. free trade agreement with South Korea as a “great deal” and a critical first step toward more favorable treatment of American products around the world.
Yet the revamped U.S.-South Korea accord unveiled earlier this week isn’t much different from the existing pact that Trump often condemned as “disastrous.” Most changes made to tariffs, automotive quotas and agricultural preferences were narrow in scope or incremental, according to trade experts.