US and South Korean delegates will meet in Washington on January 5 for talks on possible amendments to their free trade agreement, officials announced Thursday.
The Trump administration initiated talks to renegotiate the United States-Korea (KORUS) free trade agreement in July, arguing the 2012 deal was lopsided because American's bilateral trade deficit had ballooned under it.
It will be the thirdRead more
Negotiators are moving swiftly to revamp the North American Free Trade Agreement but the outcome remains uncertain, US Trade Representative Robert Lighthizer said Monday.
"We're moving at warp speed but we don't know whether we're going to get a conclusion," he said.
The remarks following a speech on trade policy came days ahead of the third round of talks aimedRead more
The United States, Mexico and Canada dove into the details of revamping the North American Free Trade Agreement at a second round of talks Friday, amid threats from President Donald Trump to axe the deal.
After setting an ambitious "accelerated" calendar during the first round -- held in Washington last month -- negotiators got down to the nitty gritty businessRead more
US President Donald Trump will sign a memorandum Monday that could lead to sanctions against China over its intellectual property practices, administration officials said Saturday.
Trump will direct US Trade Representative Robert Lighthizer to determine whether any Chinese laws, policies or practices discriminate against or harm American innovators and technology companies, the officials said.
If so, Lighthizer would have "broadRead more
U.S. President-elect Donald Trump has picked Robert Lighthizer, a former trade official under President Ronald Reagan in the 1980s, as the U.S. Trade Representative (USTR), Trump's transition team announced Tuesday.
Lighthizer, deputy USTR during the Reagan administration, had played a major role in developing trade policy for the administration and "negotiating roughly two dozen bilateral international agreements on aRead more