Agreement Quote by Jeff Sessions
“I supported the Korean Trade Agreement in 2011. They promised - when it was signed, President [Barak] Obama said it would increase our exports to Korea by $10 billion a year.That creates jobs in America.Since - last year, 2015, there was no increase, like instead of billions of dollars there was like a $100 million increase in our exports to Korea, whereas as their imports to us went up $12 billion, and our trade deficit increased 240 percent.”
About This Quote
Source Speech: Senate Hearing on KORUS FTA, 2015
He claims the trade deal failed to deliver promised export growth, widening the trade deficit despite higher imports.
In simple terms: Trade deal underperformed, hurting US jobs.
Reevaluate trade agreements for realistic outcomes.
Themes
Mood
Type
When to use this quote
- legislative debates
- policy reviews
- business strategy
- public advocacy
- media analysis
Key Concepts
Questions to Reflect On
- How do we measure trade success fairly?
- What factors could explain the disparity?
The quote may reflect partisan bias and selective data interpretation.