USITC

South Korea Free Trade Agreement Will Cause 159,000 Americans to Lose Their Jobs

Economist Robert E. Scott has cranked the numbers on U.S. job losses if the South Korean Free Trade Agreement is passed. Yet another bad trade deal would cause 159,000 Americans to lose their jobs over 7 years.

EPI’s research shows it will increase the U.S. trade deficit with Korea by about $16.7 billion, and displace about 159,000 American jobs within the first seven years after it takes effect.