The United States is open for imports from anywhere with NO tariffs. While American products in places like China and South Korea are taxed at high import duties.
But by trying to level the playing field it is going to lose us jobs???????
HOw about demanding our exports be given equal treatment?
President Bush are you sure a little tit for tat may just cost some of your fat cat buddies a few bucks?
Interesting that you would bring up South Korea . . . .
I do not believe this is true. The US has trade barriers also. Historically, our markets have been more open but that situation is changing. For example, we have tariffs on Brazilian ethanol. We have a complex system of farm supports that restricts imports.
These agreements are complex documents. I am sure that there are many areas that are unfavorable to us as well as other areas that are favorable. It might be useful to evaluate the details of the agreements.
Without the agreements, there will be less trade. All things being equal, more trade is preferred because trade is voluntary. More voluntary exchanges will increase employment and provide more choices to consumers.