Trump reiterates criticism of South Korea-U.S. FTA
- 6 years ago
U.S. President Donald Trump has taken another jab at Washington's free trade agreement with Seoul.
Speaking to senators from both parties at the White House on Tuesday,... President Trump said the South Korea-U.S. FTA is "a disaster."
Let's take a look at what he had to say.
"I mean the word reciprocal is a very important word. We have countries that are taking advantage of us. They're charging us massive tarriffs for us to sell our products into those countries and when they sell to us- zero. We charge them zero. We're like the stupid people. And I don't like to have that anymore. So we're going to change that. And we're going to make it fair. And that - I call that fair trade. (cut) You look at some of these countries- look at South Korea. Look at Japan, look at so many countries. And then we defend them, on top of everything else. So we defend Saudi Arabia. They pay us a fraction of what it costs." (END)
Trump's comments come a day after he singled out South Korea, China and Japan, over their trade surpluses with the U.S., accusing the three nations of "getting away with murder".
Speaking to senators from both parties at the White House on Tuesday,... President Trump said the South Korea-U.S. FTA is "a disaster."
Let's take a look at what he had to say.
"I mean the word reciprocal is a very important word. We have countries that are taking advantage of us. They're charging us massive tarriffs for us to sell our products into those countries and when they sell to us- zero. We charge them zero. We're like the stupid people. And I don't like to have that anymore. So we're going to change that. And we're going to make it fair. And that - I call that fair trade. (cut) You look at some of these countries- look at South Korea. Look at Japan, look at so many countries. And then we defend them, on top of everything else. So we defend Saudi Arabia. They pay us a fraction of what it costs." (END)
Trump's comments come a day after he singled out South Korea, China and Japan, over their trade surpluses with the U.S., accusing the three nations of "getting away with murder".