President Donald Trump has been drawing a lot of criticism over his tariffs and apparent trade war with the world.
His strong stand already led to a new NAFTA agreement with Mexico, which will benefit the US, but is still trying to negotiate an agreement with Canada.
Amidst all of the reports of gloom and doom, President Trump, while at the UN General Assembly, announced a major trade agreement with South Korea.
He says that the new agreement would further open up the market to many American farmers.
Trump also announced that he has agreed to a second meeting with North Korean leader Kim Jung-un and that this meeting will take place soon.
(Fox News) – President Trump and South Korean President Moon Jae-in signed a major agreement of Trump’s trade agenda Monday, on a busy day at the U.N. General Assembly during which Trump also revealed he’d meet again with North Korean leader Kim Jong Un “quite soon.”
The U.S. and South Korean presidents signed an update to an existing U.S.-South Korea free-trade agreement. Trump called it a “very big deal” and said the new agreement would make significant improvements to reduce the trade deficit between the countries and create new opportunities to export American products to South Korea.
“This agreement will reduce bureaucracy and increase prosperity in both of our countries. Workers in South Korea and America will find new customers and new opportunities to expand and grow,” Trump said. “Our teams will be working hard to ensure that the terms of the deal are fully implemented.”
He said U.S. automobiles, pharmaceuticals and agricultural products will gain better access to Korean markets…
Referring to Trump’s announcement, South Korean President Moon Jae-in, said the new trade agreement will not only benefit both countries, but provide a stronger platform between both countries on many other issues as well.
When speaking about North Korea and the once volatile situation, Trump said that was a year ago and that today, things are much different.
However, it needs to be noted that it was Trump’s strong against Kim, unlike that of his predecessor, that brought Kim to the negotiating table in the first place.
This continues to show that America needed a common-sense businessman in the White House instead of another career wishy-washy politician.
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