w00t! - New S. Korea trade agreement!

[tangent4ronpaul]

The good news:

We will gain 70K jobs!

The bad news:

We will loose 150K jobs!

GO O-Bomb-Us! - always looking out for our country!... :rolleyes:

-t

[james1906]

The important question is...Will this lower the price of soju?

[Cowlesy]

The good news:

We will gain 70K jobs!

The bad news:

We will loose 150K jobs!

GO O-Bomb-Us! - always looking out for our country!... :rolleyes:

-t

But something will be marginally cheaper now to us that will increase some big company's margins I am sure.

[james1906]

South Korea has extremely high barriers to entry for our cars to enter their country. You will not see anything other than Hyundais, Kias, and Daewoos. I wonder if this will change.

[Ethek]

Anything in the agreement about the 150k M1 Garand rifles that South Korea was wanting to sell on the US market?

[Kludge]

Trade agreement didn't seem very interesting. The "free trade" agreement essentially just lowered SKorean import tariffs on cars from the US they don't want to buy from 8% to 4%. Everything else important was "delayed."

Interestingly, SK released their #s on bond purchases for the month prior. China purchased nearly half. China also happens to be the fourth largest foreign investor in SKorea.

[nobody's_hero]

Anything in the agreement about the 150k M1 Garand rifles that South Korea was wanting to sell on the US market?

I'm sure Obama had those relics melted down by now.