And to tell us more about the latest U.S. safeguard measures.... and how they might
affect Korean businesses,...
Professor Shin Sang-hyup from Kyung Hee University joins us in the studio today.
Welcome to the program.
It's great to be here.
1- So first and foremost, tell us about these safeguard measures in detail.
2- Now, Korea has responded by saying.... that such measures are unfair and that it
plans to file a petition with the World Trade Organization.
So do these measures violate the WTO rules like the Korean government says?
3- How likely is Korea to win the case... given past winning experiences against the
U.S. over excessive import regulations?
4- There are also concerns over the ongoing negotiations on the Korea- U.S. Free Trade
Agreement, and that the latest safeguard measures may negatively affect the negotiations.
5- So this time around, the measures were mostly targeting Asian countries like Korea
and China... but we're hearing that there may be other measures
in the making for other countries like Mexico and Canada.
What do we know so far?
6- What's most concerning is the impact these safeguard measures are going to have on local
businesses.
7- What kind of countermeasures do you think affected businesses have in place.... in response
to the latest U.S. measures?
8- But then, wouldn't these measures also hurt American businesses in the long-run?
9- All this comes as the U.S. opened a key round of negotiations to modernize NAFTA ... and
ahead of President Trump's trip to the World Economic Forum scheduled for Thursday local
time.
Could there be a hidden reason....
other than what we heard earlier....
behind Washington's measures?
10- Eyes are also on what Trump will say during his speech at the WEF on Friday.
What kind of speech can we expect?
11- Aside from the Korean government's plan to file a petition to the WTO...
what other kinds of measures do you think the government should take against the U.S.
to prevent further damage to Korean businesses?
12- And of course, the trade conflict is
not only confined to Korea and the U.S., as it looks like
a trade war may be brewing between China and
the U.S. as well?
Thank you
for your
insight today.
Sure thing.