WASHINGTON/SEOUL -- The United States and South Korea will hold talks on the U.S.-Korea Free Trade Agreement on Jan. 5 in Washington, U.S. and South Korean trade officials said on Wednesday.
U.S. President Donald Trump has threatened to withdraw from the trade deal, which was hammered out by his Democratic predecessor Barack Obama.
Trump wants to change the agreement to help cut the United States' nearly $28 billion trade deficit with South Korea.
Senior U.S. lawmakers and the U.S. Chamber of Commerce, America's biggest business lobby, have urged Trump not to pull out of the five-year-old deal.
During a summit at the White House last summer, South Korean President Moon Jae-in, left, and President Donald Trump committed to fostering "expanded and balanced trade while creating reciprocal benefits and fair treatment."
Bloomberg contributed to this report.
