"The Korea deal was a disaster," Trump told reporters as he hosted a White House meeting on trade, vowing the United States would negotiate a "fair deal" or scrap it altogether.
Charging that the US steel and aluminium industries were being "decimated" by dumping, Trump said he was also mulling trade sanctions against China, and was "considering all options" including tariffs.
Trump's comments came a day after he singled out South Korea and China, along with Japan, over their trade surpluses with the United States, accusing them of "getting away with murder.
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