Social Sciences
5 years ago

US Trade Policy Shift Threatens Korean Companies: Counter Plans Urgently Needed.

Korean Academy Of International Commerce
The US Trade Regulation Policy and Korea’s Counter Plans
Sung Kyu Hong

Paper Summary

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The article discusses how the US is implementing protectionist trade policies, causing concerns for Korean companies. The US aims to strengthen its economy by enforcing aggressive trade regulations and renegotiating trade agreements. This could lead to unfair trade practices, so it is important for countries to work together to address these issues through organizations like the WTO.