President Obama's failure to conclude the Korea-United States Free Trade Agreement is a disaster.

The Obama adminstration's decision to move forward with the Korea free trade agreement represents a sharp break from a deliberately ambiguous trade policy and may mark a welcome return to U.S. trade leadership if the administration can overcome political obstacles to see it through.

President Obama and his team successfully concluded negotiations on the U.S.-South Korea free trade agreement (KORUS). Here are eight questions and answers on what just happened.

Obama's current protectionist track will harm U.S. national security.

The meeting between President Obama and South Korean President Lee Myung-Bak was cordial, but everyone had to tiptoe around the elephant in the room: the Korea-U.S. Free Trade Agreement.

The new U.S.-South Korea trade agreement will strengthen bilateral ties andenhanceU.S. influence in the region.

The trade accord signals the U.S. commitment to Asia.

South Korean president-elect Lee Myung-bak will take office on February 25, 2008. A member of the conservative Grand National Party and former executive of the Hyundai Corporation, Lee won the December 2007 contest by the largest margin since the advent of competitive democratic elections in the Republic of Korea (ROK)...