USTR request for joint committee meeting on KORUS does not call for a 'renegotiation'

U.S. Trade Representative Robert Lighthizer has officially conveyed to Korea the Trump administration's request for a special session of a U.S.-Korea Free Trade Agreement joint committee, calling for the deal to be modified rather than renegotiated. “I believe that this session and the follow-up negotiations will provide an opportunity to review progress on the implementation of the Agreement, resolve several problems regarding market access in Korea for U.S. exports, and, most importantly, address our significant trade imbalance,” Lighthizer wrote in...