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Will a free-trade agreement between the U.S. and South Korea help our economy?

After negotiations stalled at the G-20 summit, U.S. and South Korea officials have finally hammered out a free-trade agreement, the largest such deal since the North American Free Trade Agreement in the early 1990s.

By Jodi Westrick  |  September 29, 2010; 3:31 PM ET  | Category:  National Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati  
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free trade does not mean their workers can come here and take American jobs...

Posted by: DwightCollins | December 3, 2010 5:14 PM

Good riddance to the badly mismanaged '00's.

Those thinking about long-term recovery, know the environment will be a big winner in the conversion to biofuels & biopower. Asia is ls already ahead of us.

- Balkingpoints / www

Posted by: RField7 | December 3, 2010 5:42 PM

The US already has low tariffs for most manufactured goods that it imports. Many Asian countries, like South Korea, have high tariffs and other trade barriers for US goods. This definitely will benefit US exports and create US jobs.

Posted by: jezuniga | December 3, 2010 6:52 PM

If you want to substantially reduce the trade imbalance with China or Korea is quite simple, you merely have to subject the goods coming into this country from these countries to the same tariffs, the same regulatory obstacles, and so forth that these countries subject American made goods. Sadly, the politicians that have been bought and paid for by American multi-nation corporations act in the corporations best interests and not those of ordinary hard working Americans. Sad.

Posted by: jeffreed | December 3, 2010 10:53 PM

Korea is selling their cars at predatory prices at unprecedented levels - and we Americans continue to buy them.

I see this agreement as a continuation of this trend.

Koreans will not buy our cars (they are far more nationalistic and protective of their industries than we are). Their companies are family-owned conglomerates like those long gone from our country in the early 20th century - stifling true competition. These Korean companies practice non-competitive business to kill the competition. And they are succeeding, and we are turning a blind eye.

The demise of American manufacturing for sure.

Posted by: infrequentposter | December 4, 2010 1:44 PM

Obama is franticly looking for the job creation fairy but he won't find it in this trade deal. This guy needs help . . . badly.

Posted by: rplat | December 4, 2010 4:46 PM

I invite you to go look up all of the rosy predictions about our trade agreements with China, a lot of them by this newspaper. They said it, again, about the H1-B visa, the trade agreements with India. Now, with at least 20 million jobs outsourced, with real unemployment above 20%, I cannot fathom anyone so foolish as to believe this, or any other, trade agreement is in this nations best interests. Kill free trade! Bring back trade tariffs, 50%, across the board, and charge 50% duties on top of those for any imports destined for our consumer markets. We need jobs, not the fantasies of clueless and incompetent political hacks.

Posted by: mibrooks27 | December 4, 2010 8:51 PM

Sure it is going to create jobs just not in our country where we actually need them.

Stupid politicians and free traitors = unemployed Americans

Posted by: PennyWisetheClown | December 4, 2010 9:29 PM

Let me see...Free trade agreements with Mexico, China, Vietman all helped...LOL What a joke. The first free trade agreement was signed by Bill Clintin. We are currently seeing the results or impact. Soon to be in depression...

How many good American jobs will this agreement create?Very few on main street..

What will this do? Walmart will buy cheap products to sell from Korea and McDonalds will open tons of store in Korea giving Koreans jobs. Big business will reap cheap products and American workers will get the shaft again to throw America into a deep depression. Korean will not buy expensive American products. They can not afford them. Wait and see....

If you get laid off remember free trade really helped...

Posted by: billisnice | December 4, 2010 10:19 PM

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