The Wall Street Journal: Trump weighs exiting trade deal with South Korea

The Trump administration is weighing giving notice to South Korea of plans to withdraw from the five-year-old bilateral trade pact, with a decision coming as soon as this coming week, according to people familiar with the matter.

President Donald Trump has repeatedly complained about the pact and the sharp increase in the U.S. trade deficit that followed the 2012 implementation of the agreement. Trade negotiators from the two countries have held a series of tense meetings over the summer with American officials leaving unhappy with what they felt was Korea’s unwillingness to make significant changes to the U.S.-Korea Free Trade Agreement, known as Korus, according to people briefed on the meetings.

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