Friday, June 7, 2013

[Graphic News] US marks record trade gap with Korea

The United States' monthly Record Trade Deficit with Korea widened to a high in April, May Face Raising The Possibility that Washington calls for Measures to Supplement The year-Old Free Trade agreement between The Two countries. According to a report from The U.S. Department of Commerce, Washington imported English Products worth $ 5.58 billion and exported goods worth $ 3.27 billion to Seoul in that Month. The United States' Combined Trade Deficit with Korea from January to April amounted to $ 6.98 billion, a 69.1 percent Increase from The same period Last year.Some Industrial sectors in The U.S. are voicing The need to Revise The Korea-U.S. FTA, Which took effect in March Last year, insisting that The U.S. Trade Deficit The PACT aggravated. Seoul Attributed But in some Experts The Deficit widened to some English Products' The U.S. market such as competitive Edge in IT Devices and Automobile Parts. By Chung Joo-won ( joowonc@heraldcorp.com

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