U.S. Trade Deal With South Korea Falling Short, Pence Warns

  • Pence says U.S. deficit more than doubled since trade accord
  • Says U.S. reviewing deal with Korea as pursues fair pacts

Pence Says U.S.-Japan Economic Dialogue Signals ‘New Day’

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The U.S. trade relationship with South Korea is “falling short,” with the free-trade deal between the countries under review, Vice President Mike Pence said Tuesday.

“We’ll pursue trade that is both free and fair,” Pence said during remarks at a U.S. business chamber gathering in Seoul. “And that’ll be true in all our trade relationships, including Korus,” he said, a reference to the U.S.-South Korea deal.