Trump says may hold up S.Korea trade deal until after deal with N.Korea

30 March 2018

U.S. President Donald Trump said yesterday that he may hold up a trade agreement reached this week with South Korea until after a deal is reached with North Korea on denuclearization. Senior U.S. officials have expressed concerns privately that South Korea is the weak link in the U.S. alliance between South Korea and Japan and could be too quick to seal a deal with North Korea. Trump agreed this month to accept an invitation to meet with North Korea's Kim Jong Un.

 U.S. PRESIDENT, DONALD TRUMP said I may hold it up till after a deal is made with North Korea. Does everybody understand that? You know why, right? You know why? Because it's a very strong card and I want to make sure everyone is treated fairly and we're moving along very nicely with North Korea we'll see what happens. Certainly the rhetoric has calmed down just a little bit. Would you say? Would you say? We'll see how it all turns out. Maybe it'll be good that maybe it won't. And if it's no good we're walking and if it's good we will embrace it. But it's going to be very interesting over the next period of time and South Korea has been wonderful but we will probably hold that deal up for a little while, see how it all plays out."

The United States and South Korea agreed to revise their six-year-old trade pact with a side deal to deter competitive currency devaluation by Seoul and with concessions for U.S. autos and pharmaceutical companies, Trump administration officials said on Tuesday.