Trump vows to fix or scrap South Korea trade deal

[Common]

Its a pleasure to see a president that finally thinks of america first. Every president has given away the cookie jar for FREE even to those countries that hate us. Trump is trying to make them pay because many of them can. Like South Korea who can easily afford to pay us for their defense and should. At least hes trying and talking about it.

Trump vows to fix or scrap South Korea trade deal, wants missile system payment

U.S. President Donald Trump told Reuters on Thursday he will either renegotiate or terminate what he called a "horrible" free trade deal with South Korea and said Seoul should pay for a U.S. anti-missile system that he priced at $1 billion.
In an interview with Reuters, Trump called the five-year-old trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completes a revamp of the North American Free Trade Agreement (NAFTA) with Canada and Mexico.
He blamed the U.S.-Korean trade deal, known as KORUS, on his 2016 Democratic presidential election opponent, Hillary Clinton, who as secretary of state promoted the final version of the trade pact before its approval by Congress in 2011.
"It is unacceptable, it is a horrible deal made by Hillary," the Republican Trump said. "It's a horrible deal, and we are going to renegotiate that deal or terminate it."
Asked when he would announce his intention to renegotiate the deal, Trump said: “Very soon. I’m announcing it now.”
Trump's comments stunned South Korean financial markets, sending Seoul stocks .KS11 and the won currency KRW= into reverse even as the country's economic outlook has started to brighten.
South Korea's foreign ministry said Seoul would continue to explain to the Trump administration the benefits of the free agreement (FTA) for both countries. Washington had not officially filed a request to Seoul to renegotiate the agreement, it said.
"Our government will keep monitoring the situation and continue our effort to explain to the United States the mutually reciprocal outcome of South Korea-U.S. FTA, while preparing for countermeasures," the ministry said.



http://www.reuters.com/article/us-us...-idUSKBN17U09M

[donttread]

The verdict on whether Trump will turn into just another Donkephant is still out.
But it sure looks like he could earn the nick name "The ADD president". Because this dude is all over the place .

[Common]

He couldnt survive being an outsider. With the never ending attacks from the left he couldnt alienate his entire party also he would have no chance of getting anything done at all.

He inherited a screwed up obama foreign policy that gave away the store, he inherited a terribly neglected economy and a jobs record that didnt exist except for some minimum wage jobs.

He changed the not to worry ill kiss your ass iran police of obama and decided it was time to tell Kim to kiss his ass.

He said during his campaign he was going either scrap or greatly improve the clinton/obama trade deals and hes attempting to do that.

We cant keep giving everyone everything for free, we cant keep allowing huge trade deficits with money going out and none coming in. We cant allow illegal immigration to flood this country and cost us billions. We have to do something to try to keep jobs here, if not whos going to feed all these people that dont work ?

Hes made a ton of mistakes and that for a guy that was never a politician should be expected. He made misteps but at least hes trying. The best thing I like about him hes driving the left insane

[MMC]

Hillary made have been involved but BO peep signed the deal. Oh well, another BO peep touted accomplishment about to be removed from whats left of his legacy. Good times.

[Peter1469]

There is a method to his "madness." Statements like these put people on the defensive. It allows for a deal short of what he is talking about at this time. Or to trade for something the US wants more.

And the "news" will type it up as a flip flop.

[Crepitus]

There is a method to his "madness." Statements like these put people on the defensive. It allows for a deal short of what he is talking about at this time. Or to trade for something the US wants more.

And the "news" will type it up as a flip flop.

Or maybe it really is a flip flop.

Or possibly ADD as mentioned above.

[Peter1469]

Or maybe it really is a flip flop.

Or possibly ADD as mentioned above.

I don't think so. But the "news" will type it up as you say.

[del]

trump vows a lot of $#@! and none of it seems to happen

go figure

[Peter1469]

trump vows a lot of $#@! and none of it seems to happen

go figure

See post 5

[Common Sense]

There is a method to his "madness." Statements like these put people on the defensive. It allows for a deal short of what he is talking about at this time. Or to trade for something the US wants more.

And the "news" will type it up as a flip flop.

Yeah, that must be it. Trump is just pretending to be inept and impetuous.