U.S. Commerce Secretary Wilbur Ross has reiterated plans to self-initiate more trade cases, while also flagging that ongoing KORUS renegotiations are subject to a South Korean-controlled timetable. He also referred to the significance of South Korean automotive rules in contributing to the U.S. trade deficit. It’s not too much of a stretch to see a self-initiated investigation of automotive industry trade regulations if KORUS talks don’t make rapid progress. U.S. passenger vehicle exports globally fell 2% in the past year, and are equivalent to 29% of imports. In the case of South Korea ...