FTA Agreement Reached FTA Talks Near Failure: The Death of an Alliance, Part 66
[Update 2: Well, as it turns out, the two sides did reach an agreement, although it’s not clear how comprehensive. Both sides — mainly us — made major last-minute concessions. Talks were ongoing until minutes before the legal deadline. Beef tariffs will be phased out over 15 years, which is a long time. (We’ll see if the Koreans actually accept the next shipment.) Korea also gets to protect its rice market. There’s really only one bright spot I can see:...