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South Korea Lawmakers Ratify Controversial Free Trade Deal

HeadlineNov 22, 2011

In news from South Korea, lawmakers have ratified a so-called free trade deal with the United States. Opposition lawmakers largely abstained from the vote, and one politician set off a tear gas canister inside the parliament as a sign of protest. South Korean farmers and some workers oppose the deal, saying it threatens their livelihoods. The deal with South Korea is the largest trade agreement the United States has signed since the North American Free Trade Agreement with Canada and Mexico in 1994. The deal has also been opposed by numerous labor unions and watchdog groups in the United States. According to Public Citizen, the deal is projected to cost 160,000 American jobs, many in areas like high-speed trains, solar and computers.

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