Another Free Trade disaster, and Obama owns it.

[Hoyt]

33. Interesting -- This report says "Korea Free Trade Agment Shows Strong Results on Second Anniversary"

"U.S.-Korea Free Trade Agreement Shows Strong Results on Second Anniversary

"In the two years that this landmark agreement has been in effect, Korea has become the sixth-largest trading partner of the United States, exports of U.S. manufactured goods to Korea have increased, Koreans are buying more U.S. services than ever, and U.S. exports of a wide range of agricultural products have seen significant gains. KORUS has also improved Korea’s investment environment through strong provisions on intellectual property rights, services, and investment, supporting U.S. exports.

“Since the Korea agreement went into effect, U.S. exports to Korea are up for our manufactured goods, including autos, exports are up for a wide range of our agricultural products, and exports are up for our services. Millions are benefitting from the lower tariffs on U.S. exports as well as the progress being made to tackle non-tariff barriers blocking U.S. exports to Korea. While our trade balance has been affected by decreases in corn and fossil fuel exports, these changes are due to the U.S. drought in 2012 and change in Korea’s energy mix, both of which were unrelated to the agreement,” said Ambassador Froman. “Looking ahead, the United States will be working to ensure the full implementation of the agreement so that U.S. exporters are able to realize even more opportunities.”

". . . . . . Made-in-America manufactured goods still grew their sales in Korea by 3 percent, to $35.4 billion."


http://www.ustr.gov/about-us/press-office/press-releases/2014/March/US-Korea-Free-Trade-Agreement-Shows-Strong-Results-on-Second-Anniversary