ISDS Case Map
US
United Auto Workers President Bob King sparked outraged among progressives and the labor movement by endorsing the Korea Free Trade Agreement. The Economic Policy Institute estimates that the treaty will cost 159,000 American jobs over the next five years.
Hyundai-Kia Automotive Group is bracing for stiffer competition in the domestic market under the Korea-US free trade agreement, as the pact will likely make Japanese and German cars much more price-competitive here.
The Government is offering no guarantees that New Zealand policies will not be changed to accommodate United States concerns in Trans-Pacific Partnership (TPP) negotiations.
With the US and South Korea close to signing a free-trade agreement (FTA), Premier Wu Den-yih yesterday said Taiwan and the US could negotiate item by item in the next round of talks for the Trade and Investment Framework Agreement (TIFA).
"The 'triple crown' in 2011 is the US-Korea Free Trade Agreement passed and implemented, significant progress on the TransPacific Partnership and a very strong APEC year with a lot of concrete outcomes on trade and investment issues," said Kurt Tong, senior US official for APEC at the State Department.
Organized labor in the US is in an uproar over the new free trade agreement with South Korea, with some union leaders accusing United Auto Workers president Bob King of embracing a deal to curry favor with a White House that saved the UAW with its $80 billion bailout of the auto industry.
Japan's joining the Trans-Pacific Partnership would not bring an immediate end to tariffs protecting domestic farmers, who would still be able to receive some kinds of government support, former US Trade Representative Clayton Yeutter tells The Nikkei.
The ruling and opposition parties are set to lock horns over the free trade agreement with the U.S. to be submitted for parliamentary ratification early next year. Rival parties have shown clear differences over the recently concluded accord.
On the eve of the Trans-Pacific Partnership negotiations in Auckland, a leaked negotiating document has exposed a fundamental conflict between the US and New Zealand positions on intellectual property.
South Korea and the United States finally reached an agreement after their intense renegotiations of free trade deal (KORUS FTA) on Friday.
