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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…” quote by Jeff Sessions
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“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.”

Jeff Sessions

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.

Key Takeaway

Reevaluate trade agreements for realistic outcomes.

Themes

trade economics politics policy jobs deficit

Mood

skeptical critical analytical

Type

political economic policy

When to use this quote

  • legislative debates
  • policy reviews
  • business strategy
  • public advocacy
  • media analysis

Key Concepts

comparative advantage tariffs political rhetoric economic forecasting

Questions to Reflect On

  • How do we measure trade success fairly?
  • What factors could explain the disparity?
A Different Perspective

The quote may reflect partisan bias and selective data interpretation.

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