Free Trade Accord on hold

SEOUL, South Korea--- Hopes of wrapping up a free trade accord during a meeting on Thursday with President Obama and President Lee Myung-bak of South Korea was put on hold.

Mr. Obama visiting Seoul for the Group of 20 conference said, "We need to make sure that over the next several weeks, we are crossing all the t's, dotting all the i's, being able to make the case to both the Korean people and the United States population that this is good for both countries."

A poll done by the Pew Research Center for the People and the Press fond that 35 percent of adults said that free-trade agreements had been good for the United States, whereas 44 percent had a negative view on the issue reported The New York Times.

With the controversy on free-trade agreements and the U.S. Federal Reserve planning to buy $600 billion in Treasure bonds on the open market to drive down interest rates in order to boost the economy, reported USA Today, questions arise as to whether this will hurt the Obama in his election to come.

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This page contains a single entry by klein658 published on November 14, 2010 11:43 AM.

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