ISDS Case Map
US
South Korean negotiators, including Trade Minister Kim Hyun-chong, are going to stay in Washington D.C. for negotiations regarding steel tariffs.
Trump disagrees with executives on Nafta arbitration language. Industry leaders say it provides an essential safety net.
South Korea called the US out on its recent trade protectionism during bilateral talks in Washington on renegotiating their free trade agreement (FTA).
DC court ruled in Rusoro's favour, rejecting all of Venezuela's defenses and holding that the award was valid and enforceable in the United States.
The European Union urged the United States to revive trade talks rather than escalate a dispute over tariffs on metals and cars.
“Trump’s unilateral imposition of import restrictions on South Korean products is revealing the vulnerabilities of the KORUS-FTA, which has accomplished absolutely nothing. At the time of the negotiations in 2007, the agreement to open markets to a great extent to the US’s massive economic bloc was both advantageous to South Korean exports because of the size of the American market but also made it possible for the US to push us around because of its asymmetric strength. Trump’s actions are showing the limitations of that, says expert.
South Korea and the United States will hold the third round of talks on amending the free trade agreement (FTA) between the two nations in Washington this week, Seoul's trade ministry said on Wednesday.
Since China began its reform and opening-up in late 1970s, growing trade and investment ties have been a key pillar of Sino-US relations. But US President Donald Trump's recently imposed 25 percent steel tariffs and 10 percent aluminum tariffs on China and others exporting those goods to the US is just the start of nationalist economic policies that not only strain US-China ties, but put the entire global trade regime at risk.
South Korea needs to move faster to join a Pacific trade deal signed by 11 regional nations last week without the presence of the United States says experts.
China's top commerce official said on Sunday that it has no intention to start a trade war with the United States and will not initiate one, but the country can cope with any challenge and will defend its national interests.
