It isn’t often that parents urge their children to act like cartoons. Then there’s Popeye the Sailor: “I’m strong to the finach, cause I eats me spinach,” he famously sang.
It’s a game of chicken, over beef: Will the South Koreans permit imports of American beef in order to save a free-trade agreement with the United States, or will they keep a beef ban in place and hope that U.S. business interests push for the completion and approval of a trade deal anyway?
It wasn’t as close as two minutes before midnight, but it was signed at just 22 minutes to midnight. Negotiators for the United States and South Korea reached a free-trade agreement just that much before an inflexible deadline that would have rendered further talks pointless.
It surprises many people to learn that the United States exports more merchandise than China. At least it did in 2006, when our exports were worth a little more than $1 trillion and China’s were worth a little less, according to data released last week by the World Trade Organization.