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Korean President Visits White House: Talks Trade Agreement

Just as Congress approved the  World Trade Agreement (WTA), which the president plans to sign later this week, President Obama joined Republic of Korea president, Lee Myung-bak, today during a joint press conference in the East Room of the White House were President Obama  where President Obama said the WTA  is "a win for both our countries". President Obama sits with President Lee in the Oval Office.  Photo/CD Brown. "For our farmers and ranchers here in the United States, it will increase exports of agricultural products", said Obama.  "From aerospace to electronics, it will increase American manufacturing exports, including those produced by our small businesses.  It will open Korea’s lucrative services market, and I’m very pleased that it will help level the playing field for American automakers." In summing up the benefits of the WTA, President Obama explained that it "will boost American exports by up to $11 billion and support some 70,00...