Device Makers Push Korea Trade Deal

The U.S.-South Korea free trade agreement, favored by medical device industry officials, may fail over the White House’s worker aid ultimatum. Medical Device industry officials urged Congress to pass a bill that is stalled on Capitol Hill, which they say will benefit the U.S. med tech industry. But U.S. free trade agreements with South Korea, Colombia and Panama won’t get a vote until Congress meets a White House demand to renew the Trade Adjustment Assistance (TAA) program, which re-trains U.S. workers who get displaced when companies ship overseas.

MORE ON THIS TOPIC