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Study underscores the benefits of trade agreement with South Korea

The benefits of free trade and trade agreements for American consumers and companies are evident in the United States-Korea Free Trade Agreement (KORUS-FTA), a treaty President Donald Trump has threatened to terminate. Americans gain from liberalized trade with South Korea as shown by an economic analysis of the treaty that finds eliminating the KORUS-FTA trade provisions would impose a consumption tax of $196 over 5 years on the typical…

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