Home World News America & Canada Donald Trump vows to revise ‘disaster’ South Korea trade deal

Donald Trump vows to revise ‘disaster’ South Korea trade deal

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President Donald Trump vowed Tuesday to revise a US trade deal with South Korea to secure more favourable terms, while also threatening retaliatory trade sanctions against China.

“The Korea deal was a disaster,” Trump told reporters as he hosted a White House meeting on trade, vowing the United States would negotiate a “fair deal” or scrap it altogether.

Charging that the US steel and aluminium industries were being “decimated” by dumping, Trump said he was also mulling trade sanctions against China, and was “considering all options” including tariffs.

Trump to impose ‘reciprocal’ trade deals on countries that ‘rob us blind’

Trump’s comments came a day after he singled out South Korea and China, along with Japan, over their trade surpluses with the United States, accusing them of “getting away with murder.”

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