Korean Job Discussion Forums

[legalquestions]

Obama has announced that the USA is going stop allowing the Korean car companies from taking advantage of the current Korea/US auto trade defecit. Of course, this has the Korean car companies, politicians and labor unions up in arms.

Suddenly they are all spouting off as to how the US should not espouse these pro US "protectionist" policies. But isn't all of this rhetoric just a little bit ironic/hypocritical? Especially considering that it is coming from South Korea, possibly the worlds most protectionist country?

Is it just me, or did anyone else pick up on this?

[Gatsby]

Actually, I don't think it is clear an Obama administration is going to impose higher tariffs on the importation of Korean cars. I've seen mixed signals on this. Do you have sources for your statements?

It would make sense to do this, for a variety of reasons. The foremost is that Korea did not approve the FTA, and violated the letter and spirit of it while it was in limbo by blocking the importation of American beef on scientifically unsound and intellectually dishonest grounds, and then demanding the rules be changed, frivolously.

The other key reason is that Koreans are selling cars cheaper in the U.S. than in Korea, while setting up obstacles to the sale of U.S. cars in Korea, as well as many other American products. However, it would require a detailed analysis to determine whether this legally constitutes "dumping."

But, the answer your question, yes. This talk about protectionism in the Korean press is the very height of hypocrisy. They are the ones doing both the protecting of their own market while laying waste to the American economy. All while the U.S. worked for decades to help Koreans build a sound economy.

"Your welcome, America."

[asylum seeker]

What is a 'hypocracy'? Is it a hypocritic democracy?

[Kimbop]

[legalquestions]

My point is that it really rubes me the wrong way to see the Koreans suddenly criticizing the Obama administration for his perceived protectionist trade policies, when they (the Koreans) have perhaps the most protectionist policies in the world.

They can't have it both ways, that's my point.

[legalquestions]

My point is that it really rubes me the wrong way to see the Koreans suddenly criticizing the Obama administration for his perceived protectionist trade policies, when they (the Koreans) have perhaps the most protectionist policies in the world.

They can't have it both ways, that's my point.

[legalquestions]

My point is that it really rubes me the wrong way to see the Koreans suddenly criticizing the Obama administration for his perceived protectionist trade policies, when they (the Koreans) have perhaps the most protectionist policies in the world.

They can't have it both ways, that's my point.

[mises]

They may have among the most protectionist regime in the developed world, but nothing touches sub-Saharan Africa.

But the Koreans should try and hold back the 'han' on this one. They're due for some fair-trade with the Americans.

[Jandar]

There is nothing fair about the KORUS/FTA.

[mises]

Exactly.

[asylum seeker]

[tatertot]

[Rum Jungle]

[DCJames]