Trump Administration Keeps Pressure on Korea to Ratify Trade Deal
It looks like the National Assembly better get this trade deal ratified soon or face 25% tariffs:
U.S. Treasury Secretary Scott Bessent said Wednesday that there is no trade deal with South Korea until its legislature approves it, days after President Donald Trump threatened to increase “reciprocal” and other tariffs on the Asian country.
Bessent made the remarks during a CNBC interview, as South Korea’s Industry Minister Kim Jung-kwan is set to visit the United States for talks with Commerce Secretary Howard Lutnick to address the renewed trade tension.
“The South Korean parliament has not passed the trade deal,” he said. “So there is no trade deal until they ratify it.”
You can read more at the link.
As I said earlier…
As I said earlier, Korea should shift its alliance to China and give up on the back stabbing United States.
That way I, @setnaffa , can receive the hefty bonus promised to me by the Ministry of State Security of the People’s Republic of China.