USA, Washington. U.S. President Donald Trump’s top trade adviser expressed optimism about reaching agreement on a revised free trade pact with South Korea, days after Trump suggested scrapping the deal with a key American ally. This was reported by Reuters.
Trump said on Saturday he would discuss KORUS’s fate with advisers this week, prompting widespread concern among lawmakers and the business community. This deal also affect the Organizations representing agriculture interests e.g. the National Cattlemen’s Beef Association (NCBA). In a separate letter to Trump, Senator Joni Ernest, a Republican from Iowa in the U.S. corn belt, said the South Korean market was especially important for U.S. beef, corn and pork producers.