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  • EU Grabs Korea Trade Pact That Was Ours

    10/16/2009 5:30:43 PM PDT · by Kaslin · 9 replies · 950+ views
    IBD Editorials ^ | October 16, 2009 | INVESTORS BUSINESS DAILY Staff
    Free Trade: Europe just walked off with the second-biggest trade deal in history with South Korea, bringing a fresh $26 billion to both economies and extending their clout globally. It's a prize that could have been ours. Welcome to the new America, the land of the left behind. As the Obama administration dithers for the eighth straight month about three pending free-trade treaties, those dust clouds you see are Europe taking off and running with the big one — South Korea. Late Thursday, Europe completed a free-trade pact with Korea in which 99% of all tariffs will be scrapped within...