Question

Overview:Trade deals require all parties to make concessions, and the negotiations between the United States and South Korea are a case in point. In the spring of 2008,

2. In the United States, the United Auto Workers supported the Korea trade deal, but the machinists union did not. How do you explain this split in the U.S. labor movement? 10 marks

Answer 1

2. The autoworkers are indeed pleased with that particular decision and this is because the deel actually gets to keep a 2.5 percent American tariff on that of the Korean autos for four years and 25 percent tariff on the Korean sport utility vehicles for six years over lifting those immediately. However the machinists were not satisfied with the agreement because of the fact that there's a lot of chance of unemployment to prevail on the whole as a result of the free trade.