{ "error": "", "type": "text", "title": "President Donald Trump's Executive Order on the Trans-Pacific Partnership - South Korea", "slug": "president-donald-trumps-executive-order-on-the-trans-pacific-partnership-south-korea", "text": "
\u201cSeoul also should brace for demands for renegotiation on the bilateral FTA. During his campaign, Trump accused the bilateral FTA with Korea of wiping out 100,000 jobs in the United States. The government must muster all its negotiation capacities to keep up its reputation as an FTA powerhouse with 15 trade deals with 52 nations. A conflict between the United States, a traditional security ally, and China, Korea\u2019s biggest trade partner, does not bode well for Korea. Trump\u2019s withdrawal from the TPP also suggests his opposition to the Pivot to Asia, with the United States poised to engage less in the affairs of the Asia-Pacific region. The U.S. phase-out instead could strengthen China\u2019s regional influence. Global trade could be drawn more to the China-led Regional Comprehensive Economic Partnership.\u201d<\/p><\/blockquote>\n