[WSJ] The United States requests Korea to get near $ 550 billion

https://www.wwsj.com/world/asia/why-u-s-trade-with-with-with-korea-has-gotten-messier-d4ae96a5

Despite the fact that Korea’s investment in $ 350 billion, which is equivalent to the full amount of Korea’s foreign exchange reserves, and giving up tariffs from the Korea -US FTA, the United States is calling for a new treaty near $ 550 billion, despite the limiting the tariffs to 15%.

The United States and Japan agreed to reduce the tariffs on automobiles from 27.5%to 15%on the 16th, and Japan decided to invest $ 550 billion. Korea has agreed to create a $ 350 billion investment fund in exchange for lowering from 25%to 15%, which means that the United States is trying to raise nearly $ 550 billion.

If the investment amount goes up to the level of Japan, Korea has the same investment burden as Japan, which is 3.5 times and GDP 2.5 times GDP, the worst situation is lower.