Media Coverage: Support for Amending US-Korea Trade Deal Interest Group Claims US Performed Better Without It

Originally appears on Global Trade Magazine The Trump administration has made public its intent to seek amendments to the Korea-US Free Trade Agreement. The administration has said that USTR will request a special session under Article 22.2 of the agreement, which will start a 30-day clock requiring both countries’ officials to meet and discuss amendments. In…

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Sources: Language on WTO, ‘reciprocal’ trade causes roadblocks in negotiations for G20 communiqué

HAMBURG — Negotiations for a joint statement on trade at the G20 leaders summit are running into similar roadblocks to previous negotiations for communiqués under the Trump presidency, including wording on protectionism and “reciprocal” trade — which the U.S. administration has pushed for in every joint statement with foreign leaders — and whether the World…

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U.S. Job Growth Picks Up the Pace, but Wages Lag Behind

Automobile sales may be slowing, e-commerce is putting the squeeze on bricks-and-mortar stores, and overall economic growth is limp. But the labor market has nevertheless managed to charge ahead. [PATRICIA COHEN| July 7, 2017 |The New York Times] Employers added an impressive 222,000 jobs in June, the government reported on Friday. Although the jobless rate ticked up slightly to 4.4…

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USTR to request first-ever KORUS joint committee special session to amend agreement

Following President Trump’s promise to renegotiate the U.S.-Korea free trade agreement “right now,” an administration official told Inside U.S. Trade the Office of the U.S. Trade Representative will formally request that both countries’ joint committee convene in a so-called “special session” to consider potential amendments to the deal – a provision that sources said has never been used before, and one that runs counter…

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