President Trump is actively working to clean up the messes left behind by Barack Obama. A key part of that is trade, where the president contends that America has been getting taken advantage of by other countries. The president campaigned on one on one, bilateral trade deals with individual countries to get a better deal for Americans. The Washington Examiner reports that there is an informal agreement with South Korea:

“The deal would double to 50,000 the cap on U.S. auto exports exempted from Korean safety and environmental standards while allowing the U.S. to retain a 25 percent tariff on pickup trucks until 2041. The tariffs had previously been set to expire in 2021. Korea also agreed to relax policies that restrict U.S. pharmaceutical exports and to reduce labeling requirements on U.S. imports. In return, South Korea’s exports of steel to the U.S. would be exempted from the tariffs. Instead they would be capped at 70 percent of the average export volumes to the U.S. from the last three years, about 2.6 million tons.”

President Trump has skillfully used the threat of tariffs to force foreign countries back to the table to get us a better deal, after scrapping the TTrans-PacificPartnership (TPP) and warning Canada and Mexico on the North American Free Trade Agreement (NAFTA). Barack Obama didn’t care if trade deals put America at a disadvantage, and President Trump isn’t letting that stand. This is the President putting America first, and giving Americans a fighting chance in foreign trade. 

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