The risk that the US may seek to renegotiate or even pull out from the Korea-US free trade agreement (KORUS) is a big concern for Korean exporters. However, there are reasons to think the US may decide against taking a harsh line with Korea in any future negotiations. Not only is Korea a key US ally in the region, but its bilateral trade surplus with the US is dwarfed by that of other countries, namely China and Mexico.
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