Re:RCEP, the world’s biggest trade agreement
by sanxiyn on Monday November 16, 2020 @12:11AM
(#25108291)
South Korea is a trading nation, and is in favor of free trade. South Korea defaults to yes for trade deals. US is an ally, but if US is against free trade, South Korea will not go with US. Unlike US, international trade is of vital importance to South Korea.
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Re:RCEP, the world’s biggest trade agreement
by j8hn on Monday November 16, 2020 @01:10AM
(#25108633)
Judging by the numbers I would say international trade is of vital importance to the US.
Re:RCEP, the world’s biggest trade agreement
by sanxiyn on Monday November 16, 2020 @01:27AM
(#25108730)
US trade to GDP ratio is <30%. For South Korea, it's >70%.