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The United States International Trade Commission, an independent federal agency that advises the president and both houses of Congress on commerce issues, predicted that the U.S. apparel industry would lose jobs as a result of the deal due to South Korean textile mills producing goods at 15 to 20 percent lower than their American counterparts. A report issued by the Economic Policy Institute, a liberal think tank, suggested KORUS FTA could result in the loss of 159,000 U.S. jobs in total.
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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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