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In a landmark for Trump, South Korea agrees to open its auto market
Pittsburgh Post-Gazette ^ | 3/26/2018 | Youkyung Lee

Posted on 03/26/2018 8:59:45 PM PDT by NImerc

SEOUL, South Korea — South Korea has agreed to further open its auto market to the United States as the two countries prepare to amend their 6-year-old trade agreement following complaints by President Donald Trump.

...It marks the first successful renegotiation of a trade deal for the Trump administration — which used the threat of 25 percent steel tariffs at the bargaining table — and comes as the allies sought to resolve disputes before planned meetings with Kim Jong Un.

(Excerpt) Read more at post-gazette.com ...


TOPICS: Breaking News; Business/Economy; Foreign Affairs; Front Page News; Government; News/Current Events
KEYWORDS: artofthedeal; automakers; korea; maga; meaningless; nothingburger; potus; savingface; shamwow; skorea; southkorea; tariffs; trade; tradewar; trumpasia; trumptrade
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To: map

If his opponents knew the first thing about bargaining, they would have been expecting this. But they’ll attribute it to dumb luck.


21 posted on 03/27/2018 12:26:19 AM PDT by Eleutheria5 (“If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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To: NImerc

Big Win... way to go President Trump...


22 posted on 03/27/2018 1:59:01 AM PDT by GOPJ (Whores who serviced members of "elite' Washington MSM - We pay cash for dirt...)
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To: qaz123

That’s just for the rich guys there though, but you want to sell to the regular guys and the salaries are lower there and the gas price is higher.

According to the data from https://www.numbeo.com/ when adjusting for salary and gas price difference the gas cost pain is 3.3 times more higher in Seoul than in Austin. Would hit the F250 Super Duty sales pretty hard if Texas suddenly had 3.3 times more expensive gas.


23 posted on 03/27/2018 2:31:10 AM PDT by Krosan
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To: NImerc

I now some never Trumpers

some are very good friends of mine and will remain so because they have been Very Good friends for years and have treated me well.

But i cannot for the life of me understand the blind hatred towards this man and the lack of rational thinking it causes.

I’m a NYers from Staten Island. He’s a NYer from Queens.

Are we as conservatie as many here are. I’d like to think we’re close.

We’ve grown up in a stalinist state where guns are near impossible to get legally. Illegally is a different story :)

But that doesn’t mean we wouldn’t take the 2nd amendment completely to heart if we were in power, which Trump is.

I know many here are mad about the “bump” issue, but he’s doing his best.


24 posted on 03/27/2018 2:36:02 AM PDT by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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To: Krosan

It’s all relative. Whether they sell one or a 1000, at least the market is open for business. Something that has never happened before.


25 posted on 03/27/2018 2:36:41 AM PDT by qaz123
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To: NImerc

South Korea has a 400 percent import duty for all foreign vehicles/
Means a 20,000 dollar Harley Davidson will cost ya 100,000 over there.
A 40,000 Cadillac will go ya about 160,000
And we allow them to dump how many tens of thousands of crappy Hyundai or Kia’s?


26 posted on 03/27/2018 3:15:18 AM PDT by Joe Boucher (vote GOP? Why? McConnell and Ryan are horse shit, gop is dem lite)
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To: Joe Boucher

“400 percent import duty for all foreign vehicles”

That is absolutely false! You must have read it from some fake news site. How bad your internal estimation capability must be that you’d believe something that ridiculous!


27 posted on 03/27/2018 3:35:37 AM PDT by Krosan
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To: NImerc

Not really. Koreans, like Japanese, do not buy American automobiles. They stick like glue to their own companies. These countries depend upon manufactured exports to survive and they want their companies alive and well.


28 posted on 03/27/2018 3:39:05 AM PDT by Vaden (First they came for the Confederates... Next they came for Washington... Then they came...)
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To: Krosan

krosan, I lived there baby.I saw it first hand.
Check out what a bottle of JOhnny Walker or an Amanna fridge costs there pal.


29 posted on 03/27/2018 3:42:45 AM PDT by Joe Boucher (vote GOP? Why? McConnell and Ryan are horse shit, gop is dem lite)
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To: CutePuppy
Why can’t US-made cars meet South Korea’s safety standards?
30 posted on 03/27/2018 3:45:59 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Joe Boucher

South Korea’s octopus-like conglomerates like Hyundai operate in many industries. Hyundai is involved in heavy equipment, shipyards, steel, and autos. Because they make their own steel, they can drive down costs to the point that no one can match the price point.

However, Hyundai and Kia have suffered MASSIVE sales declines in the US and Chinese markets. Down like 20% every year. They are not invincible and the deficit with South Korea is free-falling.
http://nwww.koreaherald.com/view.php?ud=20170704000881


31 posted on 03/27/2018 3:59:43 AM PDT by Vaden (First they came for the Confederates... Next they came for Washington... Then they came...)
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To: ConservativeMind

It’s not about not being “able” to meet their standards. They still must meet US safety standards, which are among the toughest in the world. There is little difference between the advanced country standards like North America, Europe, Japan, Australia, and Korea. Mostly the differences are small quibbles.

It sounds nice to make a deal like this, but I still think they should have to meet their standards before shipping.


32 posted on 03/27/2018 4:07:45 AM PDT by Vaden (First they came for the Confederates... Next they came for Washington... Then they came...)
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To: NImerc

Yuge!! :)


33 posted on 03/27/2018 4:09:42 AM PDT by SueRae (An administration like no other.)
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To: Vaden

I get what some of you are saying, and why you are down-playing this. You have valid points. But here is the thing, this is the Pittsburgh Post Gazette, the democrat rag of choice in western PA. They are giving DJT credit for a “landmark” trade deal and tying it directly to the tariffs.

Second, this calms the pearl-clutchers who are screaming trade war and ditching stock over said tariffs an makes the porn-obsessed media look stupid for their choice of focus. “You mean the guy is nailing trade and porn stars?”

Finally, I think this conveys a sense of willingness in restructuring trade deals that may bring others to the table. Just my take.


34 posted on 03/27/2018 4:10:00 AM PDT by NImerc
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To: qaz123

But will they be able to see over the dashboard.


35 posted on 03/27/2018 4:12:53 AM PDT by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.)
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To: Vaden

We saved South Korea from communism. We subsidized its economy for decades.
We continue to subsidize its defense.
And they do their best to stop our goods unless of course they are ones unavailable in country.
Certain drugs and military goods.


36 posted on 03/27/2018 4:16:29 AM PDT by Joe Boucher (vote GOP? Why? McConnell and Ryan are horse shit, gop is dem lite)
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To: Joe Boucher

Their IRS info today says it is about 8% tax.


37 posted on 03/27/2018 4:19:38 AM PDT by Krosan
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To: Vaden

Sorry that link didn’t work. It worked for me on Microsoft Edge. Here is another one.
http://www.businesskorea.co.kr/english/news/industry/18866-sluggish-sales-us-hyundai-kia-motors-suffer-sales-us-fell-18-june-year-ago


38 posted on 03/27/2018 4:20:13 AM PDT by Vaden (First they came for the Confederates... Next they came for Washington... Then they came...)
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To: NImerc

I thought trade “wars” were impossible to win - heard it from the WSJ/CNN/FR concern trolls, etc....


39 posted on 03/27/2018 4:25:40 AM PDT by trebb (I stopped picking on the mentally ill hypocrites who pose as conservatives...mostly ;-})
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To: Krosan

crappola pal.


40 posted on 03/27/2018 4:34:39 AM PDT by Joe Boucher (vote GOP? Why? McConnell and Ryan are horse shit, gop is dem lite)
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