Trump Signs Revised KORUS

President Donald Trump and the president of South Korea signed the revised U.S.-Korea Free Trade Agreement (see 1809040039) during a ceremony on the sidelines of the United Nations meeting in New York Sept. 24. The change from tariffs to quotas on steel that was part of the KORUS renegotiation has already taken effect. No other immediate changes to duties on South Korean goods is expected from the FTA signing. The White House also released a fact sheet on the deal and trade with South Korea.