Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade AgreementsS

President Obama asked South Korea yesterday to renegotiate auto trade clauses in the South Korea-U.S. Free Trade Agreement due to vast differences in scale of auto exports between the two countries.

However, some critics are charging that U.S. calls for renegotiation are an attempt to artificially adjust its market share. U.S. Trade Representatives responded by saying "Yes." [hani.co.kr, The Korea Herald]