Trump preparing withdrawal from South Korea trade deal [View all]
Source: The Washington Post
By Damian Paletta September 2 at 1:47 PM
President Trump has instructed advisers to prepare a withdrawal from the U.S.’s free trade agreement with South Korea, several people close to the process said, a move that would stoke economic tensions with the U.S. ally at a time both countries confront a crisis over North Korea's nuclear weapons program.
While it is still possible Trump could decide to stay in the agreement in order to renegotiate its terms, the internal preparations for terminating the deal are far along and the formal withdrawal process could begin as soon as this coming week, said the people, who spoke on condition of anonymity.
A number of senior White House officials are trying to prevent Trump from withdrawing from the agreement, including National Security Adviser H.R. McMaster, Defense Secretary Jim Mattis, and National Economic Council Director Gary Cohn, these people said.
A White House spokeswoman said “discussions are ongoing but we have no announcements at this time.”
Read more: https://www.washingtonpost.com/news/wonk/wp/2017/09/02/trump-plans-withdrawal-from-south-korea-trade-deal
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