In March 2018, the Trump administration has struck its first updated trade deal, with South Korea. The list of trade barriers changed doesn't seem too expansive but it does include some potentially impactful industries like cars or medication; the US has obtained some concessions in these areas. Given Trump's mediatic pursuit of trade deficit reduction, I'm curious if there have been any formal economic assessments trying to put a dollar figure (as in estimated change in US - S. Korea trade deficit) for the updated KORUS deal.


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