FirstSpear TV

The U.S.-South Korea trade pact puts a bullet in DuPont’s ballistic fabrics business

Fortune magazine did an excellent article on the US-Korea Free Trade Agreement. It seems that our number one textile export; Kevlar which is an aramid will be at a disadvantage to Korean produced fabrics. What’s worse, DuPont has been embroiled in lawsuits with one Korean producer for several years due to alleged theft of intellectual property.

Unfortunately, despite that fact that our country is at war and we rely heavily on aramids, it looks like our trade negotiators sold the industrial base out on this one.

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