News on Youtube Mar 27 2018

Seoul and Washington appear to be in their final stages of their bilateral free trade

agreement negotiations.

South Korea has agreed to a number of U.S. demands on cars, but has won guarantees for

its agriculture and steel sectors.

Seoul also secured a permanent exemption from the Trump administration's new steel tariffs.

Kim Hyesung with more.

Right after he reported to the Cabinet, South Korea's Trade Minister, Kim Hyun-jong, held

a press conference Monday to explain the results of the negotiations on the Korea-US.

Free Trade Agreement.

"Uncertainty has been growing in the global market following the U.S. plan to impose sanctions

on China, and the latest agreement has removed two of those uncertainties.

One, South Korea is exempt from the steel tariff.

Second is the Korea-U.S. Free Trade Agreement.

"

Kim, Seoul's pointman on trade talks, said South Korea is the first country to receive

an indefinite exemption from Washington's 25-percent steel tariff measures.

Currently, five countries, including Canada and Mexico, plus the EU, received a temporary

exemption from the U.S. import duties on steel and aluminum that went into effect last week.

In exchange, the U.S. will introduce a steel import ceiling.

South Korea's quota will be set at 2-point-6-8 million tons of steel exports a year, or 70%

of its average annual shipments to the U.S. between 2015 to 2017.

Seoul has also agreed to lift some its safety and environmental regulations, and allow U.S.

automakers to ship Korea up to 50-thousand vehicles each, up from 25-thousand previously.

Tariffs imposed on Korean pickup trucks exported to the U.S will be extended by 20 years to

2041.

South Korea on the other hand, secured revisions to the investor-state dispute settlement clause

and other areas it has demanded since start of the trade talks.

We defended the red line.

There is no further opening of agricultural markets or mandatory use of U.S. auto parts.

In addition, the two sides agreed to improve the transparency of the trade dispute settlement

process, which covers issue like anti-dumping duties.

The tentative agreement comes less than three months since the first round of trade talks

began.

U.S. Treasury Secretary Steven Mnuchin also described the agreement as an absolute win-win

in an interview with Fox News Sunday, local time.

South Korea's trade ministry said working-level officials are ironing out the details so that

Seoul and Washington can finalize their amendments to the six-year-old trade deal soon.

Kim Hyesung, Arirang News.

For more infomation >> Seoul and Washington agree 'in principle' on FTA amendment - Duration: 2:51.

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Jóvenes activistas regresaron de Washington D.C. a casa | Al Rojo Vivo | Telemundo - Duration: 1:10.

For more infomation >> Jóvenes activistas regresaron de Washington D.C. a casa | Al Rojo Vivo | Telemundo - Duration: 1:10.

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Fact Check: What's the deal with the line-item veto? - Duration: 2:16.

-To prevent the omnibus situation

from ever happening again,

I'm calling on Congress to give me a line-item

veto for all government-spending bills.

-Give me a line-item veto. -Line-item veto.

-If you give me the line-item veto,

I'll remove some of that unnecessary spending.

-Coming up, President Clinton signs the line-item veto bill.

The bill would give the president the power

to cancel items line by line in spending bills

unless Congress overrides the veto by a two-thirds vote.

Currently, the president may veto an entire bill,

but not specific items.

-It gives me great pleasure today to sign

into law the line-item veto.

This is a bipartisan achievement

that has been long sought by presidents.

-But the move was not without vocal opposition.

Just two years later,

the Supreme Court struck down the provision.

-I think -- I think they should give

the president a line-item veto.

-That's been ruled unconstitutional

by the Supreme Court, sir.

-Well, again, Congress could pass a rule, okay,

that allows them to do it.

-No, no, sir. It would be a constitutional amendment.

-Chris, we don't need to get into a debate in terms of --

there's different ways of doing this.

-Have you been able to find a workaround

to that Supreme Court ruling that says it's unconstitutional?

-Well, there are certain things being discussed

with respect to House and Senate rules.

I don't want to get ahead of anything

that we may come out in favor of.

-Experts say that one way of doing it legally would be

to give the president

the power to suggest line-item vetoes to Congress.

In this workaround scenario,

Congress would pass a spending bill,

send it to the president, who would edit the draft

and send it back.

Congress would have to vote on the edits

and then send it back to the White House

for the president to sign.

But that's not really a line-item veto so much

as another round of traditional legislating.

Mnuchin should brush up on his government 101.

He receives four Pinocchios.