Richard Haas, president of the Council on Foreign Relations, has a suggestion in today's Wall Street Journal for a U.S. response to North Korea's unprovoked attack in late March on a South Korean navy ship: pass the U.S.-South Korea Free Trade Agreement.
He says the trade pact, which has been languishing in Congress for three years, not only would create jobs but would "send a much-needed signal of solidarity with an ally at a time of true need."
The U.S. pork industry doesn't play in geopolitics but, nevertheless, couldn't agree more. South Korea is a top export destination for American pork products, and an FTA with that country could make it our No. 1 market, surpassing Japan and adding more than $10 to the price U.S. producers receive for each hog sold.
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