The UK government is also conducting trade negotiations with countries that do not currently have trade agreements with the EU, such as the United States, Australia and New Zealand. While free trade agreements are aimed at boosting trade, too many cheap imports could threaten a country`s producers, which could affect employment. Overall, a large majority of Americans now believe (according to a February 2019 Gallup poll) that international trade is good for the country. Overall, Republicans and Democrats have a relatively good part on this issue, but Democrats (79%) are more likely to believe that trade is an opportunity for economic growth than Republicans (70%). Until 2011, Republican supporters were even more positive than Democrats on trade. Opinion polls over the past four years do not indicate that Americans are very satisfied with Trump`s trade policy. In 2018, only 31% of respondents said they expected positive effects from special tariffs. In 2019, Trump`s trade policy has been no better evaluated than his overall performance as president of the United States. Korea will liberalize more than 76% of its customs borders for imports from ASEAN, while ASEAN members will liberalize between 85 and 100% of their customs lines for imports from Korea. Korea has taken note of the increase in the volume of bilateral trade, which it said continues through close cooperation between the contracting parties to the agreement. Korea added that the parties were currently negotiating market access for sensitive products for additional benefits. Thailand stated, on behalf of ASEAN, that the agreement builds on existing WTO obligations and provides for progressive trade liberalization through significant coverage of different sectors. Thailand pointed out that Korea is currently ASEAN`s fifth largest trading partner and tenth largest source of foreign direct investment.
While a member of the EU, the UK was automatically part of some 40 trade agreements that the EU has concluded with more than 70 countries. In 2018, these activities accounted for about 11% of total trade in the UK. The business community was extremely critical of Trump`s tariffs. Farmers, in particular, who have suffered heavy losses due to Chinese reprisals, have repeatedly called for the removal of additional trade barriers. As part of the free trade agreement between Hong Kong, China and Georgia, the parties to the agreement, which came into force on February 13, 2019, highlighted the benefits it has brought to trade and investment in both sides. Georgia has abolished tariffs on 96.6% of its tariffs on imports from Hong Kong, China, while Hong Kong and China have linked its tariff regime.