U.S., South Korea complete free-trade deal

U.S., South Korea complete free-trade deal

The pact is the administration's first major foray into the arena of free-trade politics, and officials said it may be followed by efforts to have Congress approve pending deals with Panama and Colombia and reinvigorate the larger Doha round of global trade talks.

The South Korea agreement was first negotiated by the George W. Bush administration, but during follow-up negotiations the Obama administration won further concessions considered important by American automakers. Those include a slower reduction of U.S. tariffs on imported South Korean vehicles and a provision under which South Korea will exempt up to 25,000 of any American company's cars from its strict safety standards, as long as they meet similar U.S. regulations.

 「同盟国ネットワークがあって、はじめてアメリカはアメリカ足り得るのだ。」(日経ビジネスオンライン