The future of the KORUS trade deal remains uncertain as a new round of talks between the U.S. and South Korea are awaited. U.S. Trade Representative Lighthizer has indicated that amendments to the deal will be sought. That backs away from prior rhetoric from President Trump that it could be cancelled – likely for geopolitical reasons related to North Korea. In the meantime the South Korean trade surplus with the U.S. moved in the “right” direction (for the U.S. side) having fallen 19% on a year earlier in July. That left it at an annualized $22.0 billion, the lowest since Septem...