COBLE, SPRATT CALL FOR BETTER TRADE DEAL WITH KOREA Rep. Howard Coble (R-NC) News Release

Since the purpose of this agreement is to provide fair and equitable treatment to all parties, the United States simply cannot accept an agreement that places U.S. manufacturers and workers at such a blatant disadvantage. [...] we note that while the current FTA framework will give goods of Korean o...

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Published inCongressional Documents and Publications
Format Report
LanguageEnglish
Published Washington Federal Information & News Dispatch, LLC 02.08.2010
Subjects
Coble, Howard
Free trade
International trade
Textile industry
Trade agreements
United States > US
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Summary:Since the purpose of this agreement is to provide fair and equitable treatment to all parties, the United States simply cannot accept an agreement that places U.S. manufacturers and workers at such a blatant disadvantage. [...] we note that while the current FTA framework will give goods of Korean origin duty-free entry into the U.S. market, U.S. exports to Korea will still be subject to a 10% Value Added Tax (VAT).
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