HOUSE_OVERSIGHT_028378.jpg

3.37 MB

Extraction Summary

2
People
7
Organizations
5
Locations
3
Events
4
Relationships
2
Quotes

Document Information

Type: Digital content data / web page source code, marked as evidence with bates number 'house oversight 028378'.
File Size: 3.37 MB
Summary

This document is a data file, likely from a web page's source code, detailing aspects of the 2018 US-South Korea trade agreement negotiations under the Trump administration. It focuses on trade deficits, steel tariffs, and a 'side deal' concerning currency manipulation. Despite the user's query, the document contains no information related to Jeffrey Epstein, his associates, or any related topics; its content is exclusively about international trade policy.

People (2)

Name Role Context
Mr. Trump President of the United States (implied)
Mentioned as having particular concern about currency devaluation and having accused trading partners of weakening th...
Peter Navarro Top trade adviser
Quoted in an NPR interview in March regarding a 'side deal' on currency undervaluation as part of the new trade agree...

Organizations (7)

Name Type Context
United States trade representative
Published the 'agreed outcomes' of negotiations with the Koreans in August.
Treasury Department
Mentioned as negotiating a 'side deal' on currency and having an 'understanding with South Korea to avoid competitive...
White House
Released a fact sheet regarding the 'understanding' between the Treasury Department and South Korea on currency pract...
NPR
Media organization that interviewed Peter Navarro in March.
Bloomberg
A URL to a Bloomberg article is included in the document's data.
ustr.gov
A URL to a PDF on the United States Trade Representative website is included in the data.
Apple News
A URL to an Apple News article is included in the data.

Timeline (3 events)

2018
Revision of the US-South Korea trade agreement.
N/A
2018
South Korea is excluded from US steel tariffs in exchange for capping its steel exports.
N/A
August 2018
The United States trade representative published the 'agreed outcomes' from negotiations, a 24-page document of technical language and correspondence.
N/A
United States trade representative Korean officials

Locations (5)

Location Context
Party to the trade deal with South Korea.
Synonym for the United States, mentioned as the source of goods purchased by South Korea.
Party to the trade deal with the United States.
Mentioned as a trading partner accused by Mr. Trump of weakening its currency.
Mentioned as a trading partner accused by Mr. Trump of weakening its currency.

Relationships (4)

Peter Navarro Professional Mr. Trump
Peter Navarro is described as a 'top trade adviser' in the Trump administration.
United States Trade Partners South Korea
The entire document discusses the negotiation of a trade agreement between the two countries.
Mr. Trump Adversarial (economic) China
Mr. Trump 'has accused other trading partners, like China... of trying to weaken their currencies'.
Mr. Trump Adversarial (economic) European Union
Mr. Trump 'has accused other trading partners, like... the European Union, of trying to weaken their currencies'.

Key Quotes (2)

"We’re going to be able to defend ourselves against currency undervaluations because, as part of this deal, there’s a very nice side deal agreement that the secretary of Treasury is negotiating over currency undervaluation... [the currency agreement is] a benchmark for what we’ll be doing going forward."
Source
— Peter Navarro (In an interview with NPR in March, describing a supposed 'side deal' to the main trade agreement with South Korea.)
HOUSE_OVERSIGHT_028378.jpg
Quote #1
"In a fact sheet released Monday afternoon by the White House, Trump administration officials said that 'outside' the Korea pact, 'the Treasury Department has an understanding with South Korea to avoid competitive devaluation and practices that provide an unfair competitive advantage. The understanding includes strong commitments on exchange rate practices, robust transparency, and reporting.'"
Source
— White House / Trump administration officials (From a fact sheet clarifying the nature of the currency agreement with South Korea.)
HOUSE_OVERSIGHT_028378.jpg
Quote #2

Full Extracted Text

Complete text extracted from the document (5,239 characters)

thousands of manufacturing workers across
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body", "role":"body","text":"The United States’™ trade deficit in goods and services
with South Korea had already been falling before the agreement was signed, to just
above $9 billion last year from just under $17 billion in 2016, as the country
increased purchases of machinery, liquefied natural gas and other goods from America.
South Korea was also among the countries subjected to steel and aluminum tariffs,
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tariffs, in exchange for that country capping its exports to the United States at 70
percent of the average of its export levels from 2015 through 2017. Korea will still
face the aluminum
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on currency manipulation that administration officials said would be included to
prevent South Korea from weakening its currency, the won. Currency devaluation, as it
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currency undervaluations because, as part of this deal, there’s a very nice side deal
agreement that the secretary of Treasury is negotiating over currency undervaluation, â€
Peter Navarro, a top trade adviser, told NPR in March. Mr. Navarro added that the
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body", "role":"body","text":"That side deal has yet to materialize. In August, the
United States trade representative published the “agreed outcomes†from its
negotiations with the Koreans: 24 pages of technical language and correspondence
between officials from both countries, including agreements on American auto and
prescription drug exports and Korean textile exports. There is no mention of currency
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House, Trump administration officials said that “outside†the Korea pact, “the
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HOUSE_OVERSIGHT_028378

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