Korean trade minister: Auto tariffs would render the new KORUS 'meaningless'

If the Trump administration hits Seoul with tariffs as a result of its Section 232 autos investigation, the amended U.S.-Korea Free Trade Agreement “becomes meaningless,” Korea’s minister of trade, industry and energy said on Thursday. The U.S. and South Korea are seeking to finalize the modernized KORUS pact in September, Inside U.S. Trade recently reported. Discussions in technical areas continue, however. Issues include the progression of the Section 232 investigation, which industry sources have said could -- if tariffs...