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In a landmark for Trump, South Korea agrees to open its auto market
Pittsburgh Post-Gazette ^ | 3/26/2018 | Youkyung Lee

Posted on 03/26/2018 8:59:45 PM PDT by NImerc

SEOUL, South Korea — South Korea has agreed to further open its auto market to the United States as the two countries prepare to amend their 6-year-old trade agreement following complaints by President Donald Trump.

...It marks the first successful renegotiation of a trade deal for the Trump administration — which used the threat of 25 percent steel tariffs at the bargaining table — and comes as the allies sought to resolve disputes before planned meetings with Kim Jong Un.

(Excerpt) Read more at post-gazette.com ...


TOPICS: Breaking News; Business/Economy; Foreign Affairs; Front Page News; Government; News/Current Events
KEYWORDS: artofthedeal; automakers; korea; maga; meaningless; nothingburger; potus; savingface; shamwow; skorea; southkorea; tariffs; trade; tradewar; trumpasia; trumptrade
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Winning...
1 posted on 03/26/2018 8:59:45 PM PDT by NImerc
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To: NImerc

This is something that has never been done before.


2 posted on 03/26/2018 9:03:23 PM PDT by bray (Pray for President Trump)
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To: NImerc

This truly is winning.


3 posted on 03/26/2018 9:11:24 PM PDT by map
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To: NImerc

More winning please!


4 posted on 03/26/2018 9:11:39 PM PDT by rdl6989
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To: TigerLikesRooster

Ping. The S. Korean politicians confuse me...are they pro-North still? Are they playing both games?


5 posted on 03/26/2018 9:15:03 PM PDT by GoldenState_Rose
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To: NImerc

Are Koreans going to buy American cars? I wouldn’t.


6 posted on 03/26/2018 9:22:05 PM PDT by ChuteTheMall (Tagline: (optional, printed after your name on post):)
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To: NImerc

The world, and the US Government, will just continue on its corrupt, crooked course unless someone gives it a kick.


7 posted on 03/26/2018 9:23:38 PM PDT by PGR88
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To: NImerc

While CNN is fapping to Stormy, President Trump is killing it on trade.

He is fulfilling his biggest campaign promise - to fix the lousy trade deals that are killing US manufacturing and jobs, at an amazing pace and with virtually no interference from the stupid courts. TPP, NAFTA, all the bad deals are going to be renegotiated, and things like this are simply new ground, where we have never gone before.


8 posted on 03/26/2018 9:25:18 PM PDT by bigbob (Trust Trump. Trust Sessions. The Great Awakening is at hand...MAGA!)
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To: NImerc

Another story that won’t be reported in the fake news.


9 posted on 03/26/2018 9:26:30 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: GoldenState_Rose
". . . are they pro-North still?

Seems that way sometimes but the fact of the matter is that they're pro-Korea. They've long figured that if they can reunite the country their way of doing things will win out in short order and they can payoff the big wigs in the North with comfortable retirements wherever they want to retire.

The main thing for them is not having another war however good the reason for that war seems to others.

10 posted on 03/26/2018 9:36:26 PM PDT by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory !!)
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To: bray; NImerc; map; rdl6989

Sorry to disappoint but if you go beyond the headlines, this trade agreement extension is more of a "nothing-burger" and "saving face" than "winning" — basically, Koreans agreed to irrelevant minor modifications to existing 6-year agreement.

Specifically, :

1. "The two countries reached an agreement "in principle" on the trade deal known as Korus... South Korea would limit U.S. shipments of the metal to about 2.7 million tons a year... The country also agreed to double to 50,000 the number of U.S. cars that could be imported without meeting local safety standards, although American manufacturers sell far fewer cars in the market. — i.e., SK will sell the extra steel to exempt partners, who in turn will resell it to the US if needed. The number of cars went from 25,000 to 50,000 while no U.S. company sever sold as many as 10,000 in South Korea.

2. Agreement also specifies that South Korea will limit the number of light truck they sell to the U.S. — South Korea hasn't been selling light trucks to the U.S.

That's about all the changes to the previous agreement, but it allows to claim PR coup, i.e., "trade wars are good and easy to win".

That's why you don't see a lot more being made of this "shamwow" — just a relief that a "war" is averted — good for PR, but on substance level, practically nothing.

11 posted on 03/26/2018 9:45:19 PM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...
Thanks NImerc.

12 posted on 03/26/2018 10:04:20 PM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: bray
Of course the Lame Stream isn't going to report this. No way. All the liberal media whores have become obsessed with a pornographic film whore thinking somehow this washed up slut is going to be the downfall of the Trump presidency.
13 posted on 03/26/2018 10:13:08 PM PDT by jmacusa ("Made it Ma, top of the world!'')
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To: ChuteTheMall

My Chevy Truck just passed 215K and has outlasted 2 of my wife’s Asian cars.

But YMMV.


14 posted on 03/26/2018 10:16:38 PM PDT by crusher2013
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To: rdl6989

We truly are blessed by the Good Lord to have thee greatest POTUS of all time leading us in these troubled times!!!

President Trump was obviously chosen to not only MAGA, but to make history!!!

May he one day soon receive the appreciation, respect and adoration he so richly deserves for all he is so selflessly doing to make all of our lives better!!!


15 posted on 03/26/2018 10:34:54 PM PDT by edie1960
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To: NImerc

With no thanks to the NeverTrumpers.


16 posted on 03/26/2018 10:36:44 PM PDT by conservative98
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To: NImerc

They all need us more than we need them.


17 posted on 03/26/2018 10:55:22 PM PDT by tiki
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To: crusher2013

Tell your wife to change the oil in her car.


18 posted on 03/26/2018 10:58:22 PM PDT by TexasGator (Z)
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To: ChuteTheMall
Conversely, South Korea agreed to allow the number of U.S.-made vehicles to be imported without being subject to local safety regulations to double to 50,000 a year. However, no American car brand sold more than 10,000 vehicles in South Korea last year.

Well, they buy a few American cars. Very few. And not subject to safety regulations, which is disturbing.

19 posted on 03/26/2018 11:08:59 PM PDT by roadcat
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To: ChuteTheMall

A long,long time ago, things like Levi jeans and Cannondale Mtn bikes would sell for astronomical prices in Japan. They wanted ALL things American, for some odd reason. Maybe the SKorean’s desire to have AMERICAN things will be the same.

Think about it. You’re some rich guy in Seoul. Everyone is rolling around in Hyundai’s, Kia’s and some European sedans. You roll up to the stoplight in an F250 Super Duty, Quad Cab, Long Bed, 6.7 liter Diesel, on some 37’s. Not a person in that city, won’t know who you are.


20 posted on 03/26/2018 11:57:00 PM PDT by qaz123
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