Statement by the President Announcing the US-Korea Trade Agreement: “I am very pleased that the United States and South Korea have reached agreement on a landmark trade deal that is expected to increase annual exports of American goods by up to $11 billion and support at least 70,000 American jobs. Last month in Seoul I directed our negotiators to achieve the best deal for American workers and companies, and this agreement meets that test. American manufacturers of cars and trucks will gain more access to the Korean market and a level playing field to take advantage of that access. We are strengthening our ability to create and defend manufacturing jobs in the United States; increasing exports of agricultural products for American farmers and ranchers; and opening Korea’s services market to American companies. High standards for the protection of worker’s rights and the environment make this a model for future trade agreements, which must be both free and fair.”

• FACT SHEET: Overview of the U.S.-Korea Trade Agreement
• FACT SHEET: Economic Value of the U.S.-Korea Trade Agreement
• FACT SHEET: Increasing U.S. Auto Exports and Growing U.S. Jobs Through the U.S. Korea Trade Agreement
• WSJ Opinion: A Korea-U.S. Trade Deal, At Last