The administration also wants to renegotiate the free-trade deal with South Korea, which took effect five years ago. Since then, U.S. goods exports to South Korea have fallen and the U.S. trade deficit has more than doubled, to $27.6 billion. South Korea is considering the request for a special session of a joint FTA committee, Cho said. But other analysts cite South Korea's sluggish economy and note that other countries have seen their exports to South Korea fall even more. The U.S. runs a trade surplus with South Korea in services such as banking and tourism.

Source: ABC News July 13, 2017 07:26 UTC