Trump's FTA Withdrawal Remark Criticized as 'Self-Injury'

Write : 2017-09-05 11:43:18 Update : 2017-09-05 13:15:21

Trump's FTA Withdrawal Remark Criticized as 'Self-Injury'

Anchor: Experts in the U.S. are arguing that now is not the time to discuss a termination of the South Korea-U.S. free trade agreement. Some are even criticizing such talk as inflicting self-injury or benefiting the enemy's interest.
Kim Soyon has more.
Report: U.S. President Donald Trump first floated the idea of scrapping the South Korea-U.S. free trade agreement(FTA) on Saturday. U.S. media reported that procedures on terminating the trade pact could begin as early as this week.
However, following North Korea's sixth nuclear test conducted Sunday, the mood has swiftly changed.
Alan Romberg, senior researcher at the Stimson Center, blasted the move to withdraw from the FTA as inflicting self-injury at a time when a strong alliance with allies is crucial amid North Korea's provocations.
Roger Gauss from the Naval Research Laboratory also said that FTA withdrawal is an enormous pressure on the Seoul government at a time when the two sides need to present a united front against North Korea and China.
President of the Korea Economic Institute of America Donald Manzullo said such a move will weaken the South Korea-U.S. alliance in East Asia and harm both countries' economic and security interests.
U.S. Treasury Secretary Steven Mnuchin says there is nothing decided at the moment as the trade deal is under renegotiation.
[Sound bite: U.S. Treasury Secretary Steven Mnuchin]
"The president has made it clear that we want a better economic deal. But there's been no decisions made other than renegotiating that trade agreement at this point."
Many U.S. experts say calls to scrap the FTA will quickly lose steam in the wake of Pyongyang's nuclear test as it will fracture the alliance with Seoul.
Kim Soyon, KBS World Radio News. 

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