Author Topic: Trump intends to renegotiate or terminate a U.S. free trade pact with S. Korea  (Read 608 times)

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Offline HAPPY2BME

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He also said he wants South Korea to pay the cost of the U.S. THAAD anti-missile defense system, which he estimated at $1 billion, and intends to renegotiate or terminate a U.S. free trade pact with South Korea because of a deep trade deficit with Seoul.

Asked when he would announce his intention to renegotiate the pact, Trump said: “Very soon. I’m announcing it now.”

Trump said North Korea was his biggest global challenge. He lavished praise on Chinese President Xi Jinping for Chinese assistance in trying to rein in Pyongyang. The two leaders met in Florida earlier this month.

"I believe he is trying very hard. He certainly doesn’t want to see turmoil and death. He doesn’t want to see it. He is a good man. He is a very good man and I got to know him very well.

"With that being said, he loves China and he loves the people of China. I know he would like to be able to do something, perhaps it's possible that he can’t," Trump said.


http://www.reuters.com/article/us-usa-trump-exclusive-idUSKBN17U04E