The US -South Korea Free Trade Agreement does not harm US interests
April 19, 2019 08:17 Source: "China Social Sciences", April 19, 2019, No. 1677, author: Yan Yong/Compilation

  bet365 Play online games The official website of the Korea Economic Institute of American recently introduced the research results of the senior researcher of the think tank Troy Stangarone。This study indicates,U.S. President Trump earlier about the "US -South Korea Free Trade Agreement" that damaged US foreign trade。

Star Galn inspected the data of the US government bet365 best casino games on goods and service trade in 2018,and evaluate the implementation of the "US -Korea Free Trade Agreement"。He said,Trump has criticized the agreement during the campaign as "the trade agreement that kills employment"。Because from 2011 to 2015,The US commodity trade deficit with South Korea rose from US $ 13.2 billion to $ 28.2 billion,and the United States' exports to South Korea have declined in the first two years of the implementation of Bet365 app download the "US -South Korea Free Trade Agreement"。

For this,Stegron said,If it is implemented in the first few years of the implementation of Bet365 app download the "US -South Korea Free Trade Agreement",The results it achieved is not satisfactory for the United States,So since 2016,This situation has been steadily improved。The latest data indicates,2018,The total export of the United States to South Korea is more than 16%higher than in 2017。,Compared with the signing of the agreement,The US service export of South Korea has increased by 27%。

Stgaron thinks,Since the "US -Korea Free Trade Agreement" takes effect,Machinery from the United States to South Korea、The total amount of products such as chemical and transportation Bet365 lotto review equipment increased by more than $ 1 billion。American cars exports to South Korea increased from 12541 vehicles in 2011 to 53274 in 2018。In terms of agriculture,Even if the price of the commodity price is declined, the price of some export products decreases,But the export of agricultural products in South Korea is still rising。In addition, Bet365 app download the "US -South Korea Free Trade Agreement" is signed,US crude oil exports to South Korea surge,South Korea has become the second largest importer of American crude oil。According to the "US -Korea Free Trade Agreement",South Korea also canceled Bet365 lotto review oil import tariffs。So let's take a comprehensive,The "US -Korea Free Trade Agreement" does not have a negative impact on the US foreign trade。(Yan Yong/Compilation

Editor in charge: Changchang
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