'Big four' committee leaders assert congressional authority in KORUS relook

The “big four” leaders of congressional trade committees have warned the administration to tread cautiously in attempting to “modernize” the U.S.-Korea Free Trade Agreement, insisting that Congress be closely consulted to ensure a “united front” in pursuit of any changes. The chairmen and ranking members of the Senate Finance and House Ways & Means committees tell U.S. Trade Representative Robert Lighthizer in a July 17 letter that the Korea deal is a “key cornerstone of U.S. economic and strategic engagement...