Schwab, House Leadership Clash Over Demands For Korea FTA Changes
U.S. Trade Representative Susan Schwab and the House leadership late last week clashed over whether the U.S.-Korea Free Trade Agreement must be changed before Congress will consider it. At the June 30 signing ceremony, Schwab took issue with a statement by House Speaker Nancy Pelosi (D-CA) and House Majority Leader Steny Hoyer (D-MD) one day earlier implicitly demanding renegotiation. The June 29 statement said the FTA shows a "deep-seated and fundamental problem" and that they cannot support the deal as...