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While the automotive and agriculture industries were the primary focus of the KORUS FTA, the deal will see tariffs reduced or eliminated for 95 percent of all goods and industries. For promotional products professionals, the biggest impact will be in the apparel sector. According to ApparelNews.net, the U.S. imported $928 million in apparel and textiles from South Korea in 2011, while it exported $418 million to the country in the same year.
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- Places:
- Republic of Korea
- U.S.
E
Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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