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Lasher

(29,666 posts)

9. New FTAs with Colombia and South Korea are likely to increase our trade deficit by $16.8 billion.

Reply to fasttense (Reply #7)

Thu Mar 15, 2012, 08:28 PM

Mar 2012

This is according to a 2010 study by the Economic Policy Institute. Their analysis then shows that the increased trade deficit per se will correspond to the loss of 214,000 jobs in the U.S. by 2015.

http://www.epi.org/publication/trade_policy_and_job_loss/

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Trade deal between South Korea and the US takes effect [View all] alp227 Mar 2012 OP

Wait this was signed 5 years ago... vaberella Mar 2012 #1

It was signed 5 years ago by GWB but that version was never ratified. Lasher Mar 2012 #3

Thanks. A question... vaberella Mar 2012 #4

Such assessments are often distorted by bias. Lasher Mar 2012 #6

Many South Koreans expressed scepticism fasttense Mar 2012 #2

Korea's arcane regulations were designed to keep American electronic companies from selling there Kolesar Mar 2012 #5

I doubt Korea's minor purchases will make a dent in the $115 Billion US Trade deficit. fasttense Mar 2012 #7

New FTAs with Colombia and South Korea are likely to increase our trade deficit by $16.8 billion. Lasher Mar 2012 #9

Obama Does a "Lose-Lose" by South Korea Free Trade Agreement Lasher Mar 2012 #8