Korea FTA Endangers Jobs in Seven Major U.S. Industries
The metal products industry is expected to be harmed by the Korea FTA
The U.S. International Trade Commission (USITC) is an independent federal agency that provides Congress and the executive branch with estimates of the likely effects of trade agreements. The USITC projects that implementation of the Korea Free Trade Agreement (FTA) would increase the U.S. goods trade deficit. The electronics, metal products, motor vehicles and parts, other transportation equipment, iron-containing metals, textiles, and apparel industries would be particularly hard hit as the trade deficit in those goods would rise by over $2 billion. For more details on the likely economic impact of the Korea FTA check out this memo.
This predicted increase in the U.S. trade deficit under the Korea FTA could put at risk the jobs of the millions of American workers who are employed in these seven industries. We have already seen the damaging effects previous unfair trade deals have wreaked upon American manufacturing workers. Since the North American Free Trade Agreement (NAFTA) was enacted, the U.S. trade deficit with Canada and Mexico has risen by tens of billions of dollars and the United States has suffered a net loss of 5.1 million manufacturing jobs.
Through the form below, you can find out the number of jobs in the industries put at risk by the Korea FTA in your state and congressional district:
Select your state in the dropdown menu.
Type the number of the district in the “District” box – add a leading zero if the district is a single digit, such as “03”. Type “Statewide” in the district box if you are interested in jobs for the entire state.
If you are unsure of your congressional district, you can use this tool to find it.
For an explanation of the how the number of jobs in each congressional district was determined, click here.
For media inquiries on the Trade Data Center, contact Maggie Henderson here.
The geographic information on this page was generated with the assistance of the University of Southern California’s WebGIS Services using the most accurate methodology available. Trade Data Center designed by Travis McArthur.